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...
More »SEARCH RESULT
Why Tamil Nadu’s welfare politics can’t be called ‘freebies’ -Bethanavel Kuppusamy and Dharanidharan Sivagnanaselvam
-TheNewsMinute.com One highly criticised Tamil Nadu government scheme was giving colour TV sets to households. While it was derided as a ‘freebie’, research has proved otherwise, write Dharanidharan Sivagnanaselvam and Bethanavel Kuppusamy. In a stratified society such as India Trickle Down Economics do not work. Even in a society such as the US, which has a much lower stratification compared to India, Trickle Down Economics has not worked well. Historically, India has...
More »David Barkin, Professor of Economics at the Metropolitan Autonomous University in Mexico City, interviewed by Kabir Agarwal (TheWire.in)
-TheWire.in Mexican economist David Barkin on India's neoliberal economics, growing inequalities, agrarian distress and more. David Barkin is Professor of Economics at the Metropolitan Autonomous University in Mexico City. He received his doctorate in economics from Yale University and was awarded the National Prize in Political Economics in 1979 for his analysis of inflation in Mexico. His research has focused on the development of an alternative to the capitalist economic model. In an...
More »Cautionary tales -Rakesh Kalshian
-Down to Earth Jean Dreze argues that we should not leave the making of an equitable society to experts alone What does one make of the shameful statistic that over 200 million Indians still subsist below the poverty line? How does one square it with the equally obscene distinction that we have the world’s fourth largest number of billionaires, thus making India the second most unequal nation after Russia? Indeed, how...
More »The forgotten ones: Looking at agricultural labourers -Sukhpal Singh & Shruti Bhogal
-The Tribune While there are have been debates about the plight of farmers, hardly have we ever heard or read anything about the condition of agricultural labourers. They are the victims of economic downturn in the rural sector. THE economy of Punjab today, embroiled in various economic issues, is showing signs of crisis in the agrarian sector. We often hear and read about the woes of the farmers who are committing suicides,...
More »