India saw the fastest rise in inequality of all major world regions between 1980 and 2016, and 55% of the country’s income share is in the hands of the wealthiest 10%.
In rural areas, the biggest problems are low income and literacy, while in urban Karnataka, drinking water and sanitation lag behind the national average.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
The narrative about the ideal of equality needs correction. When we talk about elimination of inequality or suggest such a ditection we are being disingenuous. Inequality is the ultimate truth. It has always been. It will always be. And that’s the reason why – as the writers also wonder here – the public sentiment is not strong enough to create a policy pressure. The disadvantaged would want to get advantage not to get in an equal position, but to be better than the ones who are worse. Let’s give a acall for dignified inequality. That makes sense in addition to speaking the real problem that skewed distribution of resources has created.
The narrative about the ideal of equality needs correction. When we talk about elimination of inequality or suggest such a ditection we are being disingenuous. Inequality is the ultimate truth. It has always been. It will always be. And that’s the reason why – as the writers also wonder here – the public sentiment is not strong enough to create a policy pressure. The disadvantaged would want to get advantage not to get in an equal position, but to be better than the ones who are worse. Let’s give a acall for dignified inequality. That makes sense in addition to speaking the real problem that skewed distribution of resources has created.