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Poverty and inequality

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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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...

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Why Economic Inequality is a Burning Issue that Needs Attention -Atman Shah and Dipak Chaudhari

-Newsclick.in Inequality is not natural but manufactured. It’s time policymakers stopped normalising the wealth and income gap. Else, post-Covid inequality could become a permanent feature. Wealth and income inequality are more than just economic concepts. They also influence education and health outcomes, poverty levels, employment and unemployment rates, opportunities, choices, and, ultimately, happiness. Of late, several reports have investigated the impact of COVID-19 on various segments of society at the regional, national,...

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Don't make Punjab a junkyard for machines -Devinder Sharma

-The Tribune With policy-backing, subsidies and availability of easy credit, farmers are being pushed to buy more machines. Punjab has five times more tractors than required. As more technological gadgets and machines are promoted, farmers are increasingly sucked into a debt cycle, while equipment manufacturers are laughing all the way to the bank. At a time when farmers across the world are struggling to recover their cost of production, an Oxfam report...

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Migrants’ livelihoods during the pandemic: Challenges and opportunities -Dr. Janvi Gandhi Kanakia and others

-Leaflet.in Informal migrant workers in metropolitan cities of India have faced multiple forms of vulnerabilities in the last two years of the pandemic. Linkages across schemes for such workers are absolutely critical to creating a social security net that protects them from falling into similar cycles of poverty and destitution during macro and micro economic distresses. ON the occasion of International Labour Day, or ‘May Day’, we explore the dimensions of vulnerabilities...

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