-PTI In signs of rising income Inequality, India’s richest 1 per cent now hold a huge 58 per cent of the country’s total wealth — higher than the global figure of about 50 per cent, a new study showed on Monday. The study, released by rights group Oxfam ahead of the World Economic Forum (WEF) annual meeting here attended by rich and powerful from across the world, showed that just 57 billionaires...
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Pardon, the gender wage gap is showing -G Sampath
-The Hindu ILO finds women form 60% of lowest paid wage labour, but only 15% of highest wage-earners India had among the worst levels of gender wage disparity — men earning more than women in similar jobs — with the gap exceeding 30 per cent, the Global Wage Report 2016-17 released by the International Labour Organisation (ILO) revealed last week. In contrast, Singapore had among the lowest, at 3 per cent. Among major...
More »Danger Zones of High Economic Growth -Amit Bhaduri
-Economic and Political Weekly The powerful feedback mechanism of raising growth and Inequality simultaneously combines restraint on government welfare spending, wilful default of bank loans by corporate houses and land acquisition for them. This creates not just a vicious circle but a rising and expanding spiral driven by a strategy of promoting the climate for private investment. Please click here to read more. ...
More »The many shades of caste Inequality in India -Roshan Kishore
-Livemint.com We don’t know enough about the socio-economic status of different caste groups, and our political class doesn’t want us to know Over the past couple of years, one Indian state after another has been on the boil because of caste-based agitations. The latest state to be engulfed in caste conflict is Maharashtra, where a stir by the dominant caste of Marathas seems to have led other backward classes (OBCs) and...
More »Janani Suraksha Yojana pays dividends: Study -Samarth Bansal
-The Hindu ‘It has reduced socioeconomic disparities in healthcare’ A new study brings in first conclusive evidence of the role played by Janani Suraksha Yojana (JSY) in reducing ‘socioeconomic disparities’ existing in maternal care. The JSY was launched in 2005 as part of the National Rural Health Mission (NRHM) to improve maternal and neonatal health by promotion of institutional deliveries (childbirth in hospitals). According to a working paper by Ruchi Jain (NCAER), Sonalde Desai...
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