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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Bill to reform insurance sector may come in monsoon session - Subhash Narayan
The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be...
More »Oxfam's India Discrimination Report: Women in India earn less and get fewer jobs
-Press release by Oxfam India dated 15 September 2022 New Delhi: Oxfam India’s latest ‘India Discrimination Report 2022’ finds women in India despite their same educational qualification and work experience as men will be discriminated in the labour market due to societal and employers’ prejudices. The academically recognised statistical model applied in the India Discrimination Report is now able to quantify the discrimination women face in the labour market. The lower...
More »The challenges of Gig-Economy -Ashish Kumar Singh & Akash Singh
-CounterCurrent.org According to a NITI Aayog recent report titled ‘India’s Booming Gig and Platform Economy’ India’s gig workforce, estimated to be at 77 lakh in 2020-21. It is expected to go up to 2.35 crore by 2029-30. Gig worker are defined by Niti Aayog as those engaged in livelihoods outside the traditional employer-employee arrangement. Gig workers can be broadly classified into platform and non-platform-based workers. Platform workers are those whose work...
More »HOPS as a route to universal health care -Jean Drèze
-The Hindu ‘Healthcare as an optional public service’ would ensure the legal right to receive free, quality care in a public institution The lingering COVID-19 crisis is a good time to revive an issue that is, oddly, slow to come to life in India — universal health care (UHC). Meanwhile, UHC has become a well-accepted objective of public policy around the world. It has even been largely realised in many countries, not...
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