The average value of assets (AVA) of the top ten percent of urban households in India is more than seven thousand five hundred times greater than what the bottom ten percent owns. The AVA of the top decile was Rs. 1.5 crores, while the lowest decile owned an average of Rs. 2,000 of assets. The data is part of the All India Debt and Investment Survey - 2019, the survey for...
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Chhattisgarh: Mining & Allied Activities Promises In INC’s 2018 Election Manifesto Yet to be Implemented
-Press release by Mineral Inheritors Rights Association dated August 4, 2022 The promises made by the INC during the 2018 elections for the Chhattisgarh Legislative Assembly in the Mining and Allied Activities portion of their manifesto are yet to be implemented. Four years have passed, and the Indian National Congress (INC) has yet to implement any of the five promises stated in the Mining & Allied Section of their 2018 Chhattisgarh Legislative...
More »The State that failed -MG Devasahayam
-The Telegraph As the most inequitable country in the world after Russia, today's India is indicative of this fact The Union ministry of women and child development protested against the downgrading of India from 94 to 101 on the Global Hunger Index, 2021. According to the ministry, the proportion of undernourished population given in the report is “devoid of ground reality and facts, and suffers from serious methodological issues”. The ministry is protesting...
More »The country should worry about further worsening of economic inequality in the post-COVID period
The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
More »Upper caste Hindus richest in India, own 41% of total assets; STs own 3.7%, says study on wealth distribution -Anjali Marar
-The Indian Express A two-year-long study jointly undertaken by the SPPU, JNU and Indian Institute of Dalit Studies has revealed that only 22.3 per cent of the country’s higher caste Hindus own 41 per cent of the country’s total wealth Pune: Caste continues to play a significant role in the educational and professional choices available to an individual, and the resultant income and assets, reveals a two-year-long study jointly undertaken by...
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