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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Hunger and Malnutrition in India after a Decade of the National Food Security Act, 2013 - Neetu Sharma, Jyotsna Sripada, Shruthi Raman
National Law School of India University, Bengaluru What is the status of hunger and malnutrition in India? The year 2023 marks a decade since the enactment of the National Food Security Act (NFSA). The Act aims to provide food and nutritional security by ensuring access to quality food at affordable prices. However, despite 10 years of food security being a legal right and the availability of sufficient quantities of food grains, India...
More »‘I hope we don’t die of hunger’: Rural women struggle as Maharashtra ends subsidised grains plan - Prateek Goyal
Newslaundry In 2018, when Rekha Waghmare was 39 years old, her husband died by suicide. Namdev, 42, was among over 12,000 farmers who died by suicide in Maharashtra from 2015 to 2018, struggling with five years of crop failure. He left behind Rekha, their two children, a 3.5 acre farm, and an unpaid loan of Rs 4 lakh. Rekha, who lives in Nandusa village in Hingoli district, turned to farming and daily...
More »Top 10% of Urban Indian Households has 7,517 Times the Assets of the Bottom Decile
The average value of assets (AVA) of the top ten percent of urban households in India is more than seven thousand five hundred times greater than what the bottom ten percent owns. The AVA of the top decile was Rs. 1.5 crores, while the lowest decile owned an average of Rs. 2,000 of assets. The data is part of the All India Debt and Investment Survey - 2019, the survey for...
More »Limited Room for Public Spending - Santosh Mehrotra
- Financial Express The Union Government will present its ninth and last full budget before national elections in early 2024. But none of the growth engines inspire optimism, Santosh Mehrotra writes in Financial Express. Nearly 60 percent of India's GDP is accounted for by private onsumption expenditure. However, since demonetisation consumer expenditure has been tepid as job growth fell sharply. Per capita consumption in 2022-23 is just above the level of 2019-20. Private...
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