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Income of 84% Indian households fell in 2021 while 40 new billionaires emerged: Oxfam report

-Scroll.in The non-profit group said that while the wealth of Indian billionaires rose by Rs 30 lakh crore during pandemic, over 4.6 crore people fell to extreme poverty. The income of 84% Indian households declined in 2021 while the number of billionaires in the country grew from 102 to 142 during the last year, non-profit group Oxfam said in a report released on Sunday. In its report titled “Inequality Kills”, Oxfam said that...

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Misleading Picture of Household Wealth -CP Chandrasekhar and Jayati Ghosh

-The Hindu Business Line/ NetworkIdeas.org In recent years, when the economy as a whole performed poorly, reports on how old and new businesspersons accumulated huge volumes of wealth in short timespans have been commonplace. There is also evidence that conspicuous consumption is on the rise. This has led observers to conclude that income and wealth inequality in India has increased. Hard evidence on the extent of that increase is difficult to...

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35 of 46 who died of Covid-19 in Delhi between January 5-9 were not vaccinated

-IANS/ The New Indian Express The national capital so far has recorded a total of 70 Covid deaths in this month. NEW DELHI: As per the Delhi health department data, out of the total 46 deaths recorded between January 5 to 9 in the national capital, 11 people were vaccinated with both doses of vaccines against Covid-19. The national capital so far has recorded a total of 70 Covid deaths in this month....

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COVID crisis: Maharashtra brings back lockdown like curbs; shuts down educational institutions

-PTI/ The New Indian Express Private offices have also been asked to rationalize the number of employees coming to work by allowing work from home and staggering working hours. MUMBAI: Tightening restrictions in the face of surging COVID-19 cases, the Maharashtra Government on Saturday prohibited movement in public in groups of five or more from 5 in the morning to 11 at night, effective January 10 midnight. Further, no movement will be allowed...

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Myth of coverage: How India‘s flagship health insurance scheme failed its poorest during pandemic -G Ram Mohan, Ranju Dodum, Mohd Imran Khan, K A Shaji, Rakesh Kumar Malviya, Gajanan Khergamker, Priya Ranjan Sahu, and Bhagirath

-Down to Earth Pradhan Mantri Jan Arogya Yojana (PM-JAY) provided cushion to only 14.25% people hospitalised for COVID-19 The novel coronavirus has not only turned the world upside down, it has also served as a lens through which we are able to see ourselves, our planet and even our policies with a new and shocking clarity.  So it was not a surprise when two research institutes, Public Health Foundation of India and Duke...

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