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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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Far from Home: 22 Years on, Migration a Perennial Problem for Uttarakhand

-PTI/ Newsclick.in The state, which celebrated the 22nd anniversary of its foundation on November 9, continues to grapple with the complex problem of migration from its villages, especially those in the hills due to a bleak livelihood scenario, and poor education and health infrastructure. Dehradun: During the lockdowns, tens of thousands of people returned to their villages in Uttarakhand in droves from faraway lands, as the hope of a better life was...

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In 2021, Over 100 Houses Demolished Every Day, 24 People Evicted Every Hour, says latest HLRN report

--Press release by Housing and Land Rights Network (HLRN) dated September 21, 2022 Over One lakh People Already Evicted in 2022. Nearly 1 Million People Faced Evictions in India in the Last Five Years. In 2021, over 36,480 houses were demolished and 2,07,106 people were forcibly evicted across India by governments – at all levels, reveals a new report by Housing and Land Rights Network (HLRN). The report also finds that in...

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Public sector banks have ensured financial inclusion, finds a new empirical study

Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...

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To bridge the urban-rural divide, India should accelerate economy’s structural transformation -Kalaiyarasan A

-Scroll.in The demand for equitable access to quality education and healthcare should complement agriculture reforms in the country. It has been more than six months since the Samyukt Kisan Morcha – the umbrella organisation representing protesting Indian farmers – ended its 15-month-long agitation at Delhi’s borders against the three farm laws. Some of their demands were met, while their demand for a Minimum Support Price guarantee remains unfulfilled. These developments do little to...

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