-Livemint.com While wealth has been rising in India, not everyone has shared in this growth. There is still considerable wealth poverty, says Credit Suisse’s India wealth report The richest 10% of Indians own 77.4% of the country’s wealth, says Credit Suisse in their 2018 Global Wealth Report. The bottom 60%, the majority of the population, own 4.7%. The richest 1% own 51.5% (chart 1 above). And it’s not some bleeding-heart NGO that’s...
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Widespread privatisation marginalises the poor: UN report -Maitri Porecha
-The Hindu Business Line New Delhi: Widespread privatisation of public goods in many societies is systematically eliminating human rights protections and further marginalising those living in poverty, according to a new report, released by the United Nations (UN). The 25-page report by the UN is eye-opening in the light of Indian government think-tank Niti Aayog releasing Guidelines for Public-Private Partnerships (PPPs) for tackling Non-Communicable Diseases (NCDs) in government-run district hospitals. Niti Aayog's...
More »The spirit of mahua -Diya Kohli
-Livemint.com The production of ‘mahua’ is finally entering the formal economy as new initiatives seek to upscale this indigenous drink, selling it across the country and even the globe It is a cloudy morning in Nangur village in Bastar district, Chattisgarh. It is a settlement of a little over 400 families, considered fairly large in these parts. We make a bumpy journey down a narrow, unpaved road intermittently shaded by sargi (sal)...
More »Natural disasters cost India $80 billion in 20 years: UN report -Pradeep Thakur
-The Times of India NEW DELHI: Climate change is making development highly risky, particularly in lower-middle income countries like India. A study released by the UN office for Disaster Risk Reduction (UNISDR) on Wednesday said India suffered economic losses of $80 billion during the 20-year period of 1998 to 2017. India has been ranked among world's top five countries in absolute economic losses. Globally, disaster losses during this period have been estimated...
More »India ranks 147th in Oxfam world inequality index
-PTI Ranks among bottom 10 countries London: India has been ranked among the bottom 10 countries in a new worldwide index released on Tuesday on the commitment of different nations to reduce inequalities in their populations. UK-based charity Oxfam International’s ‘Commitment to Reducing Inequality (CRI) Index’ ranks India 147th among 157 countries analysed, describing the country’s commitment to reducing inequality as a “a very worrying situation” given that it is home to 1.3...
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