-Business Standard Fruits of economic reforms monopolised by the elite: World Inequality Report The top one per cent of the population in India owns more than one-fifth of the total national income in 2021 while the bottom half earns just 13.1 per cent, said the World Inequality Report. The economic reforms and liberalization adopted by India have mostly benefited the top one per cent, the latest report for 2022 said. "India stands out...
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Health account numbers that require closer scrutiny -Indranil
-The Hindu The reduction of out-of-pocket expenditure that the NHA highlights is essentially due to a decline in utilisation of care Low public spending on health in India has meant that people depend heavily on their own means to access health care. It causes rich-poor, rural-urban, gender and caste-based divides in access to health care, pushes people to poverty, and forces them to incur debt or sell assets. As a result, our...
More »India among top countries in inequality; 10% hold 57% income: Report
-Livemint.com The average national income of the Indian adult population is ₹204,200. While the bottom 50% earns ₹53,610, the toP.10% earns more than 20 times ( ₹1,166,520) India has emerged as the most unequal country with the toP.1% of the population holding more than one-fifth of the total national income in 2021, according to World Inequality Report 2022. The report added that that the average national income of the Indian adult...
More »TN finance minister stresses on need for data for better governance
-TheFederal.in Fund allocation could be done much more effectively with the availability of current data, said Palanivel Thiaga Rajan The Tamil Nadu government has scope for conducting accurate state-specific sample surveys, similar to the ones done by the National Sample Survey Office (NSSO) to improve availability of data for taking policy decisions, said Minister for Finance and Human Resources Management Palanivel Thiaga Rajan, in Chennai on Monday (December 6). The Tamil Nadu minister...
More »India Among Top Nations In Inequality, 1% Hold 22% Income: Report
-PTI/ NDTV According to the report, World Inequality Report 2022, average household wealth in India stands at ₹ 9,83,010. New Delhi: India stands out as a "poor and very unequal" country, with the toP.1 per cent of the population holding more than one-fifth of the total national income in 2021 and the bottom half just 13 per cent, according to a report. The report, titled "World Inequality Report 2022", has been authored...
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