Thursday, 18 August, 2022
TopicIncome Inequalities

Topic: Income Inequalities

Want to reduce income inequality? Make richer friends, this US study says

Spencer Feingold -
The study shows that poor children who grew up with wealthy friends had, on average, 20 per cent higher incomes later in life than other poor kids.

Loading daughter with chores while son studies? It sets her back for life, finds UK study

Mohana Basu -
Time girls in India and other countries spend doing unpaid household work contributes to gender pay gap & lower share of workplace participation when older, finds study by UK researchers.

Jaithirth Rao is wrong. Material wealth and economic apartheid are not Positive Economics

M.G. Devasahayam -
Entrepreneur Jaithirth Rao's recent attack on Oxfam report on inequality ignores the fact that only the rich are getting richer in this beleaguered Indian economy.

India’s income inequality fell post 2020 lockdown as rich got poorer, US economic study shows

Nikhil Rampal -
Non-peer-reviewed paper by US-based non-profit NBER says pandemic brought decline in inequality in two senses, the second being consumption inequality also fell marginally.

We asked people in 14 states if rich-poor gap is a big issue: Prashnam Survey

Rajesh Jain -
The Prashnam survey asked 2,895 people from across 14 states what they thought contributed the most to income inequality in India today.

Choice of work, education, better income needed for bondage survivors to remain free — study

Unnati Sharma -
The study involved 88 respondents, including children, who are survivors of human trafficking in UP and Bihar and have been reintegrated with help from NGOs.

Milton Friedman was wrong, an economy is not meant to only serve shareholders but everyone

Joe Nocera -
Shareholders' capitalism has over the years been used to justify bamboozling customers, squeezing workers, avoiding taxes and lavishing stock options on executives.

LSE’s Amartya Sen Chair to study global inequality but the lessons will be for India

Arvind Kumar -
India’s growing inequality, poverty and low human development index are of global concern and extensive research is needed to find out solutions.

Dhan Vapasi: A new path that can make Indians prosperous

Rajesh Jain -
For too long, India’s governments have focused on the wrong ideas and wrong economic models. Indians should have been 10 times richer – but are not.

On Camera

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Economy

Farmers plant paddy saplings in a field | PTI Photo

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes

Sayantan Bera -
Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.

Defence

HAL signed an MoU for opening an office in Kuala Lumpur | Twitter

Hindustan Aeronautics Limited to open first overseas marketing office in Malaysia for LCA Tejas

Suchet Vir Singh -
HAL is tapping new business opportunities for Light Combat Aircraft Tejas as well as servicing of Su-30 aircraft and Hawk trainer aircraft for the Royal Malaysian Air Force.

National Interest

NI 13.08

Tiranga vs Tiranga: Gloves are off as Kejriwal joins the ‘nationalism’ battle with Modi

Shekhar Gupta -
Kejriwal’s maun vrat on Modi has ended. This is an important turn in Indian politics. In some ways rivalling the dramatic turn in Bihar.

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