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.
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.
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.
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.
Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.
Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.
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