-The Business Standard   Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...

-The Indian Express   Human capital inequality is what India needs to be most concerned about right now.   THOMAS PIKETTY's Capital in the Twenty-First Century has attracted a great deal of attention, especially (it seems) where I live, in Washington DC. Some people have said the city has caught a severe case of "Piketty fever". Everyone seems to be talking about the book - clearly many more people than have read its 700...

-The Indian Express   India's rentier capitalism is an inset in the big picture drawn by Thomas Piketty   French economist Thomas Piketty has written a scholarly tome with the humdrum title, Capital in the 21st Century. The book has become an overnight sensation because Piketty documents an inherent tendency for ever-increasing inequality of income and wealth in capitalist economic systems. It is not an accident, he says, that many will be left behind...

-The Times of India BANGALORE: India has one of the worst records in the trickle-down of wealth. As of last year, for every one billionaire in India, there were just 26 ultra high net-worth individuals (UHNIs)-those whose net assets are over $30 million excluding their primary residence. In Japan, for every billionaire there were 609 UHNIs. In Brazil and South Africa, which are comparable emerging markets, the ratio was 1:129 and 1:119...

-The Hindu     Even a cursory look at how Uttarakhand, Chhattisgarh and Jharkhand have fared will tell us how the mere formation of a smaller State is no guarantee for better lives for those groups for whom these States have been created Smaller States have been the new political mode of addressing basic issues that were otherwise left unresolved. However, fighting for a new state and reconstructing on a more sustainable democratic content...