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...

--Press release by National Coalition on the Education Emergency dated 31st October, 2022 More than 12 organisations and several individuals were part of a national consultation where issues faced by migrant children were discussed and actionable recommendations were proposed.  Bengaluru, Mumbai and New Delhi, October 31, 2022: Not-for-profit organisations and civil society institutions have demanded that migrant children be provided the right to quality education immediately and have proposed an actionable framework...

-The Hindu Business Line Why access to capital for MSME entrepreneurs has the potential to alter India’s social fabric India’s social fabric has undergone a series of transformations since Independence. After the liberalisation of the economy in the 1990s, the market opened up and employment opportunities grew, as did the spending power and standard of living of the average Indian. As financial access grew, so did social mobility. However, certain sections have lagged...

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...

-IdeasForIndia.in The Mandal Commission and Sachar Committee reports, among others, have indicated the existence of caste inequalities within the four major caste groups. However, data on this subject remain limited. Using data from a novel 2014-2015 survey conducted in Uttar Pradesh, this article shows that within-group inequalities among upper castes are significantly less, relative to the within-group inequalities observed among both Hindu and Muslim OBCs and Dalits. Broadly, four social groups –...