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.
CSE, one of India’s oldest bourses, is edging towards a voluntary exit. It could never recover from market manipulation scam that caused a payment crisis at exchange back in 2001.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
I tend to agree with the analysis and the finding. There is certainly a correlation between the lux and the development. I have however one humble submission to make. With the earlier indirect taxation complexity and the logic (of the federal set up) higher share of tax was going to the developed states. Now that the GST is a consumption based tax( point of supply), there is at least one major factor that would mitigate the hardships of lesser developed states. That does not mean that the problem will be solved overnight but it is getting addressed.
I tend to agree with the analysis and the finding. There is certainly a correlation between the lux and the development. I have however one humble submission to make. With the earlier indirect taxation complexity and the logic (of the federal set up) higher share of tax was going to the developed states. Now that the GST is a consumption based tax( point of supply), there is at least one major factor that would mitigate the hardships of lesser developed states. That does not mean that the problem will be solved overnight but it is getting addressed.
the bbc link attributed above does not work.shows how little research and homework is done