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Data gaps hamper my work on India: Thomas Piketty -Jyotsna Singh

-Livemint.com The economist believes inequality in India is comparable with Brazil, South Africa but lack of transparency over direct tax statistics in India hinders his study here New Delhi: Economist Thomas Piketty believes inequality in India is comparable with that in Brazil and South Africa. Like the two other emerging economies, where the richest 10% of the population has a 60-65% share of total wealth, a similar scenario probably exists in...

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Indian elite must wake up to public welfare: Piketty -Nina Martyris

-The Times of India MUMBAI: Rock-star French economist Thomas Piketty said it was "very moving" for him to be in Mumbai "after what happened in Paris in the last few weeks". In a wide-ranging conversation moderated by writer Patrick French, Piketty, author of the acclaimed Capital, an exposition on global inequality, and renowned Harvard professor Michael Sandel, whom French introduced as "the public philosopher of the BBC", talked about everything from growing...

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Nobel Prize for Economics Reflects Issues on UN Development Agenda -Thalif Deen

-IPSNews.net UNITED NATIONS: When the Royal Swedish Academy of Sciences awarded the 2015 Nobel Prize in Economics to Professor Angus Deaton of Princeton University, the accolade had a significant relevance to the United Nations. The Academy bestowed the honour on the British-born Deaton, 69, primarily for his analysis of consumption, poverty and welfare.   Deaton’s research reflects some of the socio-economic issues on the U.N. agenda, including poverty alleviation, economic inequalities, consumption patterns, household...

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Need to Redefine Concept, Strategy of Development -MA Oommen

-The New Indian Express The recent socio-economic and caste census (SECC) 2011 data on deprivations is profoundly disquieting. At the global level too, the latest data on economic inequality is equally disconcerting. That 75 per cent of rural households in India earn less than Rs 5,000 per month or around Rs 33 per capita per day and that over 40 per cent are landless and work as manual casual labourers even...

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Is inequality in India here to stay? -Vamsi Vakulabharanam

-Al Jazeera Prime Minister Narendra Modi is unlikely to narrow the gap between Indian elites and the rest of the population India has experienced a significant economic growth spurt in recent decades. After seeing annual growth of 3 percent in the years after independence in 1947, the rate began to double, reaching a rate of around 6 percent per year after 1980. However, the distribution of growth proceeds has been very uneven...

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