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Poverty and inequality

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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Real Wages Declined for Rural Indians in 2022, a Year When the Economy Somewhat Recovered

The year 2022 was supposed to mark the recovery of the Indian economy from the Covid-19 pandemic and lockdowns of the preceding two years. However, the Russian invasion of Ukraine in February pushed up prices of food, fuel and fertilizer worldwide. In India consumer price inflation, which had declined to under 5 percent in the September-November period of 2021, has steadily increased, staying above 6 percent throughout 2022.    What happened to rural incomes in 2022? An...

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Stress in villages, but growth in cities, says Hindustan Unilever CEO - Sagar Malviya

Economic Times Unilever global chief executive Alan Jope said high inflation impacted demand from low income consumers in Indian villages even as growth remains stronger in cities. "The market growth in India remains stronger in urban areas than in rural areas and that reflects the high impact of high food inflation on low income consumers. We are seeing rural markets broadly flat in value terms with lower volumes," Jope said during its...

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Russia-Ukraine war hits Indian tea prices -Avijit Sinha

-The Telegraph At the start of current tea season, tea stakeholders had feared if exports would go down in CIS countries of which Moscow is a part, because of the war Siliguri: The price of Indian teas has seen a dip in Russia and some other countries of the CIS (Commonwealth of Independent States), during the first eight months of the current year, compared to the corresponding period last year. Representatives of the...

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NGOs demand the right to quality education of migrant children from the govt.

--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...

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