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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A peek into the Modi government's (likely) budget 2023 - CNES Infosphere
- Deepanshu Mohan, Soumya Marri, Bilquis Calcuttawala, Malhaar Kasodekar, Aniruddh Bhaskaran and Hemang Sharma A pre-budget deep dive by the Centre for New Economic Studies (CNES) Infosphere team has come up with some interesting takeaways. The analysis has looked at past macroeconomic and budget trends to set the tone for Budget 2023-24. They do this by looking at capital and revenue expenditure, sectoral analysis of budget expenditure and a scheme-wise allocation...
More »As Freebie Debate Rages, What Defines 'Revdi'? Nobody Really Knows. -Kaushal Shroff
-TheWire.in There are no watertight categorisations that clearly demarcate where a subsidy ends and a so-called freebie begins. Amaravati: A maelstrom has been brewing in the political landscape over the precise markers of a subsidy and a freebie. Prime Minister Narendra Modi delivered the first blow last month when he pointed out that other political parties were propagating a “revdi culture” which was dangerous to the youth as well as to the...
More »Plight of the small peasantry in Punjab is affecting their mental health, highlights field-based study
Door-to-door and village-to-village surveys carried out by researchers of the Department of Economics and Sociology, Punjab Agricultural University, Ludhiana detected a total of 9,291 suicides that were committed by farmers in six districts of Punjab during the period from 2000 to 2018. Situated in the Malwa region of Punjab, which is known for cotton farming and the prevalence of cancer among its population, Sangrur (2,506) witnessed the highest number of...
More »Delhi Ranks 3rd In Per Capita Income, Behind Sikkim, Goa: Economic Survey
-NDTV.com/ PTI The survey also said that Delhi's GDP at current prices increased by about 50 per cent in the last six years from Rs.6,16,085 crore in 2016-17 to Rs.9,23,967 crore in 2021-22. New Delhi: Delhi ranked third in terms of per capita income behind Sikkim and Goa, according to the Economic Survey of Delhi 2021-22. The survey also said that Delhi's GDP at current prices increased by about 50 per cent in...
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