Piketty was speaking at an event hosted by Delhi School of Economics (DSE) and Research and Information System for Developing Countries (RIS), an autonomous policy research institute.
At the launch of Cities Rethought: A New Urban Disposition, urban researcher Gautam Bhan warned that cities face a tough choice—grow or save the planet—while climate policies favour the powerful.
The issue of inequality has assumed the blazing limelight at a time when inequality in India is said to be higher than it was in the British Raj. It's a ripe situation for half-truths and incendiary statements.
Other key findings include spending on food falls in expenditure of rural households in 11 years. Report made after survey of 2.76 lakh-plus households across country.
Report released by State Bank of India Monday shows that those at the bottom of India’s tax slabs have seen incomes grow, while the share of 'ultra-rich' in total income has fallen.
3 decades ago, half the people in India had incomes greater than $2.15 a day. Today 7 out of 8 do. Unemployment, though, remains a problem with no easy answer to providing well-paying jobs.
Analysis by nonprofit think tank PRICE projects that the middle class, defined as households earning between Rs 5 lakh to 30 lakh, will make up 61% of India’s population by 2047.
In a nation like India where there were no real wealth creators when the country got its independence, there is a need to first create wealth creators before we can work towards income equality.
Study by researcher at Paris School of Economics, published in Nature Sustainability, also finds that carbon inequality between rich and poor within countries has increased.
In 2022, athletes claimed they were asked to wind up training early at Thyagraj Stadium so that the IAS couple could walk their dog. Then came the memes and public outrage.
Instead of buying more Mirages outright in early 2000s, the requirement was tweaked in favour of a medium-weight, multi-role fighter with Mirage-like performance.
Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles.
Idiots like Piketty must be arrested and put behind bars.
These buffoons have no idea on hiw to create wealth in the first place. But they are full of bizarre ideas when it comes distribution of wealth and equity in society.
Already rich Indians are surrendering the Indian passport in record numbers. It will hardly take anything for the business elites to purchase a citizenship in western European nations.
Idiots like Piketty must be arrested and put behind bars.
These buffoons have no idea on hiw to create wealth in the first place. But they are full of bizarre ideas when it comes distribution of wealth and equity in society.
Already rich Indians are surrendering the Indian passport in record numbers. It will hardly take anything for the business elites to purchase a citizenship in western European nations.