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.
This special edition of Cut The Clutter, straight from the Siliguri corridor, details the strategic importance of the narrow strip of land in West Bengal, and how it’s a vital link connecting the Northeast to the rest of India.
We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.
COMMENTS