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Income inequality in India worsens, but slower than Russia and China: report -Gireesh Chandra Prasad

-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,...

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FRDI Bill: Understanding the basis of bail-in, and depositors' fear -Shaji Vikraman

-The Indian Express As the government tries to allay swirling apprehensions, The Indian Express explains the background, aims and rationale of the proposed new FRDI law. Some provisions of The Financial Resolution and Deposit Insurance Bill, 2017, popularly referred to as the FRDI Bill, which was tabled in Parliament this August, have given rise to concerns over protection for bank deposits in the proposed law. An online petition against the Bill — “Do not...

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Farmers seek income security law in pre-budget consultation -Gireesh Chandra Prasad

-Livemint.com At a pre-budget consultation, farmers and agriculture economists call for steps to reduce input costs New Delhi: Farmers on Tuesday urged finance minister Arun Jaitley to statutorily ensure income security for them and simultaneously take steps to reduce input costs and thereby make farming profitable. The suggestions from the Consortium of Indian Farmers Associations (CIFA) and agriculture economists was made at the first of the pre-budget consultation. “The median agriculture income is...

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States violate community forest rights as Centre delays implementation of CAF Act -Ishan Kukreti

-Down to Earth States exploit the delay in the drafting of rules for the Compensatory Afforestation Fund Act to assert rights over land claimed by communities under the Forest Rights Act More than a year after Parliament passed the Compensatory Afforestation Fund Act 2016 (CAF), the Ministry of Environment Forest and Climate Change (MoEF&CC) is yet to roll out the mandatory rules to implement it. In fact, the ministry in November...

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Return to Alma Ata -Ritu Priya

-The Indian Express India’s healthcare debate should go back to the 40-year-old declaration that accords centrality to the local medical worker. India’s healthcare crisis has evoked a policy debate with arguments being made in favour of and against the public and private sector. S.N. Mohanty (‘Fixing healthcare’, IE, November 11) summarises the arguments of both sides very well. He concludes that there is a need to “design the public health system around...

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