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Enrollment levels highest in a decade, sharp drop in reading ability of children - ASER 2022 report

-   Annual Status of Education Report, 2022 The Covid-19 pandemic resulted in some of the longest school lockdowns in the world in India. How has it affected learning and literacy? The Annual Status of Education Report (ASER) 2022 reveals a mixed bag of results. Here are the most important findings: * Enrollment levels have reached the highest level since the implementation of the Right to Education Act was implemented in 2009....

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Top 1% of Indians own 40.5% percent wealth, bottom 50% has around 3% - Oxfam Inequality report

Following the pandemic, the income of the bottom 50 per cent of the population is estimated at 13 percent of national income and 3 percent of total wealth Apoorva Mahendru, Kanishk Gomes, Mayurakshi Dutta, Noopur, Pravas Ranjan Mishra Oxfam International's annual inequality report makes for stark reading. The India supplement, part of the main report, states that the top 1 percent of Indians own nearly 40.6 percent of the total wealth in...

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India’s 20 Largest Profit Generators Are Earning 80% Of the Nation’s Profits - Nandita Rajhansa, Saurabh Mukherjea

A decade ago, this figure was around 40%. This is leading to an increasingly polarised stock market - Marcellus/The Wire The United Payments Interface and the digitisation of business activity in India are one of the several factors driving an exponential surge in the concentration of corporate profitability in India. Improvements in transport infrastructure (e.g., the highway network has doubled over the past decade), the introduction of GST (in 2017) and new...

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How India’s rulers have dashed the hopes of its younger citizens -Santosh Mehrotra

-Scroll.in Increasing unemployment is a major cause for concern. Politicians constantly talk about India being a young country, since two-thirds of the population is under 35 years of age and half of it below 26. Some economists consider this an automatic boon for the economy, since there is a limitless number of workers who could contribute to India’s productive capacity. Finance and investment giant Morgan Stanley, in a report released in November, identified...

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Manual scavenging killed 19 people in Mumbai in five years, BMC records zero deaths - Aarefa Johari

- Scroll.in India prohibited manual scavenging in 1993. But it took another 20 years to expand its legal definition to include the manual cleaning of drains, sewers and septic tanks. Mumbai, with the richest municipal corporation in India, was among the worst offenders when it came to the implementation of the 2013 law. Records maintained by the Safai Karamchari Andolan, a national organisation working for the rights of sanitation workers, show 19...

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