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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What’s ‘stopping’ India Inc from investing in India? -Vivek Kaul
-Newslaundry.com The finance minister asked a valid question. Here’s the answer. Last Tuesday, finance minister Nirmala Sitharaman asked India’s corporate honchos why they were not investing in the Indian economy. “I want to hear from India Inc,” she said, “what’s stopping you when countries and industries abroad think this is the place to be.” This is a valid question. In this piece, we will try and piece together why India Inc, as corporate India...
More »Over a fourth of MSMEs lost more than 3% market share last fiscal: Crisil -Subhash Narayan
-Livemint.com While the industry Ebitda margin is expected to touch pre-pandemic level this fiscal, MSMEs in more than half the sectors will buck the trend. The performance is also underwhelming in the context of corporate India, which is expected to log a 10-14% increase in revenue and Ebitda margin of 19-20% NEW DELHI: More than a quarter of India’s micro, small and medium enterprises (MSMEs) lost over 3% market share due to...
More »430 civil society and Indigenous Peoples groups to FAO Council: End partnership with pesticide industry
-Press release by Pesticide Action Network (PAN) International and 430 civil society and indigenous peoples organizations from 69 countries dated June 9, 2022 Reminding the UN Food and Agriculture Organization (FAO) of its obligations to uphold human rights, 430 civil society and Indigenous peoples organizations from 69 countries across the globe today called on the FAO Council to rescind the agency’s partnership with CropLife International, the industry association representing the world’s largest...
More »International Women’s Day: Adivasi Women Pay the Price for Defending their Lands -Ritwika Mitra
-Newsclick.in Across states, Adivasi women have been at the frontline when it has come to stand up for their lands. However, gender-based violence against them continues unabated till today. New Delhi: Adivasi women in India continue to pay the price for being defenders of their lands, shows a report by advocacy group Survival International released on the occasion of International Women's Day. The report titled ‘Brutalized for resistance: The assault on Indigenous women...
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