-Scroll.in India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India’s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the...

-The Telegraph Calcutta: Economist Kaushik Basu on Friday regretted the rise of a "narrow-minded" approach and "hatred" in the country. Basu, the C. Marks professor of international studies and professor of economics at Cornell University, made the observation while delivering a lecture on"economics and morality" in memory of Swami Lokeswarananda of the Ramakrishna Mission. "In today's India, we are getting narrow-minded. There is hatred among people," rued the former chief economist of the...

-Down to Earth Shockingly, the state’s infant mortality rate is worse than Jharkhand; it also has the fourth lowest teacher student ratio in the country “Social development indicators have not been able to keep pace with economic development in this state of over 60 million people," UNICEF had observed about Gujarat back in 2013. Four years later, Maitreesh Ghatak of London School of Economics writes about Gujarat’s development model: “When it...

-Down to Earth India’s 10 per cent rich share 55 per cent of the national income, making it the second most unequal region after the Middle East India emerged as the second most unequal region in the world after the Middle East, according to the World Inequality Report 2018. The 10 per cent of super rich population share 55 per cent of the national income of the country. In the Middle...

-Livemint.com Income Inequality in India has risen over the last three decades and a half with the top 10% of earners cornering 55% of the national income in 2016, says report New Delhi: Income Inequality in India has worsened over the past three-and-a-half decades and the top 10% of earners now corner more than half of the country’s national income in 2016. Their share was 30% of the national income in 1980,...