-The Hindu The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, says renowned economist Lucas Chancel According to a research paper by renowned economists Thomas Piketty and Lucas Chancel, income inequality in India is at its highest level since 1922, the year the Income Tax Act was passed. In December, they will...

-The Indian Express Government has an opportunity to enhance use of social audit to monitor schemes In contrast to its rhetoric, the current government’s record on transparency, accountability, and citizen participation has been uninspiring. Even essential laws such as the Lok Pal and the Whistle Blower Protection Act are yet to be operationalised. However, recent developments on social audits, the conduct of which actually finds a place in the BJP’s 2014...

-The Hindu "India makes its participation contingent on receiving billions of dollars in foreign aid," he said. The Paris climate agreement gives undue advantage to India and China at the cost of U.S interests, President Donald Trump said on Thursday, announcing America’s withdrawal from the pact. “China will be allowed to build hundreds of additional coal plants. So we can’t build the plants, but they can, according to this agreement.  India will...

-Frontline.in The British government, on the basis of an 1891 report on the subhuman living conditions of “Pariahs” by James H.A. Tremenheere, Acting Collector of Chengleput, assigned 12 lakh acres of land for distribution to the “depressed classes” of the Madras Presidency to empower them socially and economically. But more than 100 years later, much of this land is in the possession of non-Dalits, and the struggle to reclaim them has...

-The Hindu Unlike the ‘Economic Survey’ proposal, the idea behind a universal basic income is one of Redistribution The Economic Survey 2016-17 tabled in Parliament last month has proposed introducing a universal basic income in India, and has devoted an entire chapter to this new idea. A universal and unconditional income transfer to all citizens in order to address the twin problems of poverty and unemployment is undoubtedly a proposal that merits...