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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The future of old times in India -Jean Drèze and Esther Duflo
-The Hindu Near-universal social security pensions would be a good start to a radical expansion of public support for the elderly Life expectancy in India has more than doubled since Independence — from around 32 years in the late 1940s to 70 years or so today. Many countries have done even better, but this is still a historical achievement. Over the same period, the fertility rate has crashed from about six children...
More »Second Hunger Watch Survey shows high level of food insecurity among the poor & vulnerable people of 14 states
-Press release by the Right to Food Campaign Secretariat dated February 23, 2022 * 66 percent respondents said that their income has decreased compared to the pre-pandemic period * 80 percent reported some form of food insecurity, 25 percent reported severe food insecurity * 41 percent said that nutritional quality of their diet deteriorated compared to the pre-pandemic period * 67 percent could not afford cooking gas in the month preceding the survey. * 45...
More »Jean Drèze, development economist and right to food activist, interviewed by Shriya Mohan (The Hindu Business Line)
-The Hindu Business Line The development economist, now part of Tamil Nadu’s Economic Advisory Council, says that public expenditure on health is just 0.6 per cent of the state domestic product, one of the lowest ratios among Indian states * Universal quality education, health care and social security are still distant goals * A well-designed system of emergency cash transfers would be quite useful in this situation of recurrent crises, which may last...
More »A collage of laws that leaves the worker out in the cold -Santosh Mehrotra and Kingshuk Sarkar
-The Hindu The universalisation of social security remains an unfulfilled aspiration in the new code on social security As COVID-19 destroys lives and livelihoods, an unprepared government has rendered low-paid, informal workers, who constitute 91% of the workforce, totally hapless, pushing them further into poverty. Imagine if these same informal workers had social security (including free basic curative care in public clinics and hospitals, the elderly had old age pensions, the dying...
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