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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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How the Crude Oil Price Spike Will Upend India's Fiscal Balancing Act -Kaushal Shroff

-TheWire.in India will have to brace itself for an inflationary shock that will only serve to bludgeon a COVID-ravaged economy. Russia’s offensive refuses to pause. Since February 24, a little over 2.3 million Ukrainians have fled seeking a safe haven while the Russian army is upping the stakes and making the war exponentially dirtier by attacking civilian enclaves, non-military infrastructure and even hospitals. On March 10, Russia retaliated to the banking, business and...

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Concentration of power in India Inc: Regulator reviews seven key sectors -Pranav Mukul and Anil Sasi

-The Indian Express Simultaneously, it has started a review of all model concession agreements — the legal contract that forms the basis of the public-private partnership — across four key infrastructure sectors: airports, ports, electricity and railways. AMID the unprecedented concentration of power in at least seven core sectors in corporate India, from pharma and telecom to airports and ports, the Competition Commission of India has launched a set of detailed investigations...

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Is India heading towards Reliance's monopoly in retail space? Find out CCI Chairman's views -Dipak Mondal

-BusinessToday.in While fate of RIL's Future Retail acquisition remains uncertain after Amazon got an interim arbitration order against that transaction, consolidation in retail space has raised murmurs of growing monopoly of the company in retail and some other sectors Urban Ladder is the latest company in the retail space to be acquired by Reliance Retail. This comes close on the heels of its big ticket acquisition of Future Retail. While the fate...

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Our dependency on China didn’t happen overnight -Biswajit Dhar and KS Chalapati Rao

-NetworkIdeas.org In the wake of the India-China conflagration at the border, the worst in more than five decades, the fault lines of India’s economic relationship with its northern neighbour are now wide open. Amidst the demands for boycotting Chinese products and investments, the Government of India finds itself in a bind, given the sheer dependence of the Indian economy on China. This dependence did not happen in a hurry; it took China...

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