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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Protest against eviction drives in Delhi-NCR and other cities
-Press release by Freedom from Bondage movement dated 6 September, 2022 New Delhi: As we mark #75thIndependenceDay & #AzadiKaAmritMahotsav, thousands of people who have been evicted from their homes in slums, Jhuggies, settlement colonies and informal sector workers who have been denied their livelihood without any rehabilitation have gathered at Jantar Mantar to raise their voice against the “Bulldozer Raj”. The government is forcibly snatching the land of poor Dalits and...
More »Why don’t Indian fruit sellers make it big despite good profits? Imperfect competition, says study -Nikhil Rampal
-ThePrint.in Study by Nobel laureate Abhijit Banerjee & other scholars from US, UK and Canada found that fresh produce vendors charge high mark-ups but fail to adopt competitive market practices. New Delhi: Anyone who has haggled with a thelewala or streetside vendor in India knows that they often apply big mark-ups on prices and make good margins. Yet, selling fruits and vegetables in India is generally associated with “peanuts” when it comes...
More »‘0.01%’ Street vendors from minority communities benefit from Centre’s loan scheme, finds RTI query -Gaurvi Narang
-ThePrint.in A total of 32.26 lakh loans were disbursed under the PM SVANidhi scheme between June 2020 & May 2022, according to data revealed by the Union Ministry of Housing and Urban Affairs. New Delhi: Only 0.01 per cent Street vendors belonging to minority communities have benefitted from the Centre’s PM SVANidhi scheme between June 2020 and May 2022, an Right To Information (RTI) query has revealed. A total of 32.26 lakh loans...
More »Inflation Spiral is Hitting the Working Poor the Hardest -Sanjay Roy
-IPA News Service/Newsclick.in Time is ripe to do away with every central cess on petroleum products and reject the government’s narrative that the poor are hurt less by higher prices than the rich. The country is in the grip of an inflationary spiral resulting in a galloping price rise of all essential goods used by people. This crushing price burden is making life exceedingly difficult for the rural and urban poor. The retail...
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