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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Jean Dreze: No Point In India Growing So Fast If Wages Stagnate And Social Spending Is Slashed - Shreehari Paliath
Budget 2023's allocations for most critical social security schemes have declined in real terms, says economist Jean Dreze - IndiaSpend The last full Union budget before the next general elections in 2024, which was presented on February 1, gets "a big zero" in terms of welfare spending from economist and social activist Jean Dreze. Budget allocations for most critical social security schemes have declined in real terms, Dreze said. The Union government withdrew...
More »Expand PDS to include non-ration card holders and 10 crore excluded by using old census figures: Right to Food Campaign
A coalition of civil society activits has criticized the Union Budget 2023-24 for reducing government spending on the social sector by a massive amount. The economic crisis induced by the Covid-19 pandemic was borne disproportionately by those at the bottom of the pyramid and in this context spending on social protection schemes such as the Public Distribution System, anganwadis, pensions and MGNREGA is especially important. But the Government of India has...
More »Delhi Ranks 3rd In Per Capita Income, Behind Sikkim, Goa: Economic Survey
-NDTV.com/ PTI The survey also said that Delhi's GDP at current prices increased by about 50 per cent in the last six years from Rs.6,16,085 crore in 2016-17 to Rs.9,23,967 crore in 2021-22. New Delhi: Delhi ranked third in terms of per capita income behind Sikkim and Goa, according to the Economic Survey of Delhi 2021-22. The survey also said that Delhi's GDP at current prices increased by about 50 per cent in...
More »Rural Distress Makes India Inc. Call for Higher MGNREGA Allocation -Rabindra Nath Sinha
-Newsclick.in By doing so, the corporate sector seems to have cautioned the government against expecting a fast rebound in industrial activity, as there is sizeable idle capacity in the absence of consumption demand. Kolkata: Rural stress and funds for the rural job guarantee scheme were surprise additions in the organised corporate sector’s listed points for the post-Budget interaction with the Union government held on February 5 under the aegis of the Confederation...
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