The state Economic Survey 2025-26, released Monday, projects a family income of nearly Rs 16 lakh. But seven in 10 families live their year on less than Rs 1.80 lakh, according to Parivar Pehchan Patra data.
Economist Vamsi Vakulabharanam notes that despite differing political systems, both nations have had similar inequality trajectories, particularly after adopting market reforms.
Oxfam report says wealth of India’s top 100 billionaires increased enough during Covid that, if divided equally, it could translate to over Rs 94,000 each for 138 million of India’s poorest.
For two decades, I had maintained that unlike the developed West, India should not be overly concerned about inequalities because our economy was in the growth phase.
Women may enter the workforce in large numbers, but evidence from multiple sectors shows that participation does not automatically translate into leadership or economic power.
The countries signed a memorandum for co-development of UNICORN masts in November 2024. India has been second Asian nation to have such an agreement with Tokyo, after Philippines.
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