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The return of India's super rich -Rishabh Kumar

-Livemint.com The trajectory of wealth concentration in the country, not just the levels of recently estimated inequality, is important A flurry of estimates regarding Indian inequality have captured public interest recently. Whether one believes the wealth inequality numbers presented by Credit Suisse or the distributional income accounts by Lucas Chancel and Thomas Piketty, evidence seems to state that India has high economic disparities. But inequality is to be expected in a developing...

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Pradhan Mantri Kaushal Vikas Yojana flounders: 30 lakh trained in skills, less than 3 lakh get job offers -Aanchal Magazine & Anil Sasi

-The Indian Express With the scheme floundering, the Centre is now planning to shift focus to district-level schemes to yield better results in the short-term for its skilling initiative. The government’s flagship skilling scheme, the Pradhan Mantri Kaushal Vikas Yojana (PMKVY), is struggling to achieve end-results. Data for the PMKVY scheme until the first week of July 2017 reveals that out of a total 30.67 lakh candidates who had been trained or...

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People's participation is necessary for transparency in budget, says coalition of CSOs

-Press release from People's Budget Initiative (PBI)/ Centre for Budget and Governance Accountability (CBGA) New Delhi: The coalition -- People’s Budget Initiative (PBI) with a membership of diverse organisations working across different sectors in the country, organized a national convention on pressing issues (such as budgetary allocations for social sectors, transparency etc.) deserving a closer scrutiny and a larger public debate. The two-day workshop entitled ‘Civil Society Budget Work and Governance...

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The Forgotten Farmers Of Tamil Nadu: 107 Days of Protest in Delhi and Still Counting -M Mahalingam

-TheCitizens.in NEW DELHI: The struggle of the debt and drought trapped farmers of Tamil Nadu has entered its 107th day. The farmers, facing an acute agrarian crisis during which many committed suicide, travelled to Delhi on March 14, optimistic that their voice would be heard. After 41 days they returned to Tamil Nadu on April 23 after Tamil Nadu Chief Minister Edappadi K. Palanisamy met and assured them that their grievances would...

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Is Thomas Piketty right about inequality in India? -Tadit Kundu

-Livemint.com Thomas Piketty’s estimates of inequality in India appear exaggerated on close scrutiny but the issue he raises is an important one Three years after writing a best-selling book on the growing problem of inequality in the Western world, the French economist Thomas Piketty has turned his attention to inequality in the developing world. In a recent research paper co-authored with Lucas Chancel of the Paris School of Economics, Piketty estimates that...

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