-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...

-Livemint.com The caste networks will disappear when the market economy starts to function efficiently The caste system is arguably the most distinctive feature of Indian society. The Indian population is divided into four hierarchical classes, or varnas, with a large sub-population of untouchables excluded entirely from the system. Within each of these classes, and among the untouchables, are thousands of castes, or jatis. The central rule in Hindu society is that individuals...

-Scroll.in As the Centre looks to modify the rules on cattle trade, it would do well to consult experts about how the changes would affect farmers. With the government’s assurance to the Supreme Court on Tuesday that it would suspend implementation of new regulations on cattle trade, the nation’s cows, bullocks, bulls and buffaloes are back on the front page. The new rules, notified in May, had been greeted by vociferous...

-TheWire.in Legislative action that primarily looks at cattle mobility as ‘acts of smuggling cattle out of state for slaughter’ is deeply misguided and betrays a misunderstanding of how India’s cattle have been bought and sold since the British Raj. Like many poorly drafted laws, the recently notified Livestock Markets (Regulation) Rules is so pre-occupied with its self-righteousness that it fails to realise the harm that it would cause. If the colonial era’s...

-GovernanceNow.com Banning cattle slaughter, like demonetisation, may deliver political gains but will hit the rural economy hard More than a century ago, a team of officials from Brazil toured some villages of Kheda district, in central Gujarat. They had come to procure breeding bulls of the famous Kankreji breed, notes Bhailal Patel, a charismatic institution-builder who was also the first leader of opposition in Gujarat assembly, in his memoirs. It was of...