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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Are India’s elite abandoning the country’s poor and vulnerable? -Deepanshu Mohan
-Scroll.in At a time when upper classes continue to thrive on waves of profit maximisation, the social and economic safety net of the poor has been gradually eroding. Amidst all the talk on two Bharats, are we seeing a time horizon where India’s elite may abandon the country’s poor and vulnerable? This is a question I have been contemplating about for a few months now. My curiosity peaked days after the recent Union...
More »The politics of a Minimum Support Price -Varghese K George
-The Hindu Facilitating a bargain between wealth accumulators and welfare seekers seems to have become the key function of politics A new election season is around. Five States (Uttar Pradesh, Uttarakhand, Manipur, Goa and Punjab) will elect new Assemblies and Chief Ministers in the coming weeks. Parties are wooing voters with dazzling new promises. The Aam Aadmi Party leader, Arvind Kejriwal, is offering ₹1,000 a month to all adult women (above age...
More »What rising inequality means -S Irudaya Rajan and Udaya S Mishra
-The Hindu Redistribution measures have been ineffective and there are no policies discouraging accumulation of income and wealth The COVID-19 pandemic has exposed the stark divide between the rich and the poor. At this juncture, evaluating the state of inequality serves as an eye-opener on the income/wealth divides prevailing across regions. Such divides are represented in terms of the share of income/wealth among the top 10% of the population against the bottom...
More »Control over family wealth among Meghalaya women increases political activity, study finds -Rachel Brule and Nikhar Gaikwad
-ThePrint.in Researchers from Boston and Columbia universities studied Meghalaya's matrilineal tribes to find that women are more politically active than men when wealth passes from mother to daughter. In most societies around the world, women participate in politics at lower rates than men. Research shows that women also have a distinct set of economic policy preferences, prioritising government-led taxation and redistribution of wealth more than men. Scholars have long debated whether cultural...
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