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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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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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'Revdi Culture' or Govt's Basic Responsibility? What Prioritising Welfare Is Really About -Deepanshu Mohan

-TheWire.in States like Delhi (despite its unique multi-party governance architecture), West Bengal, Kerala (or even Goa and Sikkim) perform better compared to UP when it comes to being measured for securing access to basic social, economic services. In a veiled attack against BJP’s political opponents, accusing them of promising ‘freebies’ (revdi) in exchange for electoral votes, Prime Minister Narendra Modi on Saturday cautioned people, especially the youth, against this “revdi culture”, saying...

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Review: NITI Aayog’s report identifies best practices from states across the Take-Home Rations value chain -Sai Krishna Muthyanolla

-Factly.in The Supplementary Nutrition Programme under ICDS aims to close the nutrition gap among pregnant and breastfeeding mothers as well as children under the age of six. SNP is provided in two ways: Take-Home Rations (THR) and Hot-Cooked Meals at Anganwadi Centres (AWCs).  NITI Aayog’s recent report identifies best practices from states across the Take-Home Rations value chain.  Public policy is often fraught with myriad challenges since they do not have any...

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Poverty rose but income inequality fell -Anup Malani Arpit Gupta, and Bartek Woda

-The Hindu There are signs that this pandemic has not followed the usual script — of the poor bearing the brunt of the pain COVID-19 has upended Indian society. Over two-thirds of the country has been infected by COVID-19 and perhaps five million or so people have died, directly or indirectly, from the pandemic. The economy too has taken a beating. Even though there has been a V-shaped recovery, output remains about...

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