KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
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CM Adityanath Claims ‘No Farmer Suicides in Last 6 Years In UP’, Data Show 398 Cases - Merin Mathew, Nidhi Jacob
Factchecker.in On March 6, 2023, Uttar Pradesh Chief Minister Yogi Adityanath claimed that no farmer had died by suicide in the last six years. But, 398 farmers and 731 farm labourers died by suicide between 2017 and 2021 in the state, official data show. “Sugarcane farmers in Uttar Pradesh were forced to burn their crops and attempt suicide but in the last six years, no farmer in Uttar Pradesh has died by...
More »Indian households' inflation expectations moderating according to RBI survey - Swati Bhat
Reuters Indian household's inflation expectations for the current period moderated by 20 basis points to 9.6%, while consumer confidence improved further, the results of the Reserve Bank of India's latest round of internal surveys conducted in January showed. As per the survey, respondents expect higher price pressures for household durables and cost of housing over the next three months as compared to the previous survey round, the release showed. Among consumption categories,...
More »Top 1% of Indians own 40.5% percent wealth, bottom 50% has around 3% - Oxfam Inequality report
Following the pandemic, the income of the bottom 50 per cent of the population is estimated at 13 percent of national income and 3 percent of total wealth Apoorva Mahendru, Kanishk Gomes, Mayurakshi Dutta, Noopur, Pravas Ranjan Mishra Oxfam International's annual inequality report makes for stark reading. The India supplement, part of the main report, states that the top 1 percent of Indians own nearly 40.6 percent of the total wealth in...
More »The need to make cancer drugs affordable -Biswajit Dhar and Chetali Rao
-The Hindu With the Rajya Sabha Standing Committee on Health expressing concern over the high cost of cancer treatment, the Government invoking Section 100 of the Patents Act is a way forward The subject of the spiralling costs of cancer medicines and their implications that have frequently been highlighted the world over were dwelled on in a recent report (“Cancer Care Plan and Management”) by the Rajya Sabha’s Standing Committee on Health....
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