-Business Standard/ IndiaSpend Among OBCs and STs too, top 10% had cornered most wealth. Top 10% of both groups held around 52% of wealth in 2012 and top 10% of SCs' share increased three percentage points to 46.7% till 2012 Although India’s upper caste households earned nearly 47% more than the national average annual household income, the top 10% within these castes owned 60% of the wealth within the group in 2012,...
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The dynamics of India's rice export boom -CP Chandrasekhar & Jayati Ghosh
-The Hindu Business Line India has been the world’s top rice exporter since the beginning of this decade. But this boom has benefited only merchant capitalists, not consumers and producers India emerged the world’s largest rice exporter in 2011-12, displacing Thailand from its leadership position. Two factors played a role in this. The first was the government’s decision in February 2011 to lift a four-year ban on exports of non-basmati varieties of...
More »India's Cow Crisis Part 3: Brutal to kill India's ancient Uber economy -Sunita Narain
-Down to Earth Sunita Narain on cow-vigilantism, cattle trade and the collapse of the livestock economy of India I would not advocate vegetarianism. When I reasoned this out in this column a few years ago, I received the usual insults. Environmentalists are expected to be vegetarian, or better vegan! But what many didn’t register was my emphasis: “I am saying this as an Indian environmentalist; not global or western environmentalist.” My argument has...
More »Basic income works and works well -Guy Standing
-The Hindu India has the technological capacity, the financial resources, and the need for a simple, transparent basic income scheme In 2010-2013, I was principal designer of three basic income pilots in West Delhi and Madhya Pradesh, in which over 6,000 men, women and children were provided with modest basic incomes, paid in cash, monthly, without conditions. The money was not much, coming to about a third of subsistence. But it was...
More »Centre asks NDDB to estimate India's milk demand -Jitendra
-Down to Earth The country does not know how much milk is needed despite its growth having exceeded targets The Union government has asked the National Dairy Development Board (NDDB) to conduct a study to assess the true scale of demand for milk in India. “We have asked NDDB to estimate the present demand for milk and milk products and its forecast in India, as per the National Dairy Plan Phase I,” Union...
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