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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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Latest Christian Aid report identifies top 10 climate disasters of 2022

-Press released by Christian Aid dated 27 December, 2022 * Study identifies the year’s 10 costliest extreme events influenced by the climate crisis - each caused more than $3 billion in damage. * Report also examines 10 other extreme events that caused massive human and environmental damage, mostly in the poorest countries. * The floods that submerged parts of Pakistan in June displaced 7m people and caused more than $30 billion in estimated...

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Expand the food Safety Net without any more delay -Reetika Khera

-The Hindu Expanding PDS coverage to account for the increase in population since 2011 is a no-brainer; the Government’s resistance to implementing a Supreme Court of India direction is baffling The National Food Security Act (NFSA), 2013, through the Public Distribution System (PDS), provides a crucial Safety Net for roughly 800 million people. Even critics of the PDS appreciated its services during the COVID-19 lockdown. The humanitarian crisis resulting from the COVID-19 lockdown,...

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Due diligence reqd. prior to blanket school closures as a precautionary measure against air pollution

--Press release by National Coalition on the Education Emergency dated November 9, 2022 The Delhi government had announced the closure of primary schools last week, as recommended by the NCPCR, owing to the air pollution crisis in the city. While the concern about the health and well-being of children is certainly valid, the response to such a crisis needs to take into account other contributing factors such as the importance of...

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MSMEs have shown resilience in the face of steep challenges -V Anantha Nageswaran and Gurvinder Kaur

-Livemint.com Public support measures helped India’s small businesses survive the pandemic better than feared The robust recovery of India’s economy from the profound shock of the covid pandemic has expectedly triggered debates about the nature of this recovery. While our economic recovery, as reflected in various supply and demand indicators, is acknowledged by many unbiased observers, an examination of its inclusivity is necessary. As an immediate response to the pandemic, the government put...

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