Economic Inequality In India

A recent report by the World Inequality Lab has documented a significant rise in economic disparities which has led to an uneven demographic makeup of billionaires in India.

Highlighting a vast income distribution disparity in the country, the latest State of Inequality in India Report by the Economic Advisory Council to the Prime Minister shows a bleak picture, with gaps that need to be addressed so that the goals of social progress and shared prosperity are realised.

IMF chief Gita Gopinath spoke to NDTV on the pandemic, vaccine inequity amid Omicron threat, and economic challenges and opportunities in India. She also gave a message to the government.

IMF chief Gita Gopinath spoke to NDTV on the pandemic, vaccine inequity amid Omicron threat, and economic challenges and opportunities in India. Ms Gopinath underlined the need for vaccination "on a war footing".

The percentage of school students owning a smartphone in rural India has increased from over 36 per cent to 61 per cent in the last two years, the Economic Survey 2020-21 noted and stated that if utilised well, the resultant reduction in digital divide is likely to reduce inequalities in education.

The coronavirus pandemic has worsened existing income inequalities between India's super-rich and its crores of unskilled, and often unemployed, men and women, non-profit group Oxfam said Monday in a report to be tabled at the World Economic Forum at Switzerland's Davos.

India's richest 1 per cent hold more than four-times the wealth held by 953 million people who make up for the bottom 70 per cent of the country's population, while the total wealth of all Indian billionaires is more than the full-year budget, a new study said on Monday.

Nobel Laureate Paul Krugman on Saturday said India has made rapid progress on the economic front but economic inequality in the country remains an issue.

BJP lawmaker Varun Gandhi has urged Lok Sabha Speaker Sumitra Mahajan to initiate a "movement" to encourage economically advantaged Lok Sabha members to forego their remunerations for the remaining term of the Lower House. The move would reinforce people's faith in their representatives, he said.

The richest 1 per cent in India cornered 73 per cent of the wealth generated in the country last year, a new survey showed today, presenting a worrying picture of rising income inequality.

While overall global inequality has fallen in recent decades because of the economic rise of countries such as China and India, inequality within countries has risen sharply, especially in large countries like the United States and China.

According to the IMF chief, the middle class is both growing and shrinking - growing on a global basis, but shrinking in countries like the US.

In signs of rising income inequality, India's richest 1 per cent now hold a huge 58 per cent of the country's total wealth -- higher than the global figure of about 50 per cent, a new study showed today.

Jawaharlal Nehru University Students Union (JNUSU) president Kanhaiya Kumar today vowed that he would keep up his fight against casteism, and economic inequalities but ruled out him campaigning in the coming Assembly polls.

Women in Turkey and India face some of the greatest workplace inequities among the G20 nations but are least likely to speak out, according to a survey released on Tuesday.

A recent report by the World Inequality Lab has documented a significant rise in economic disparities which has led to an uneven demographic makeup of billionaires in India.

Highlighting a vast income distribution disparity in the country, the latest State of Inequality in India Report by the Economic Advisory Council to the Prime Minister shows a bleak picture, with gaps that need to be addressed so that the goals of social progress and shared prosperity are realised.

IMF chief Gita Gopinath spoke to NDTV on the pandemic, vaccine inequity amid Omicron threat, and economic challenges and opportunities in India. She also gave a message to the government.

IMF chief Gita Gopinath spoke to NDTV on the pandemic, vaccine inequity amid Omicron threat, and economic challenges and opportunities in India. Ms Gopinath underlined the need for vaccination "on a war footing".

The percentage of school students owning a smartphone in rural India has increased from over 36 per cent to 61 per cent in the last two years, the Economic Survey 2020-21 noted and stated that if utilised well, the resultant reduction in digital divide is likely to reduce inequalities in education.

The coronavirus pandemic has worsened existing income inequalities between India's super-rich and its crores of unskilled, and often unemployed, men and women, non-profit group Oxfam said Monday in a report to be tabled at the World Economic Forum at Switzerland's Davos.

India's richest 1 per cent hold more than four-times the wealth held by 953 million people who make up for the bottom 70 per cent of the country's population, while the total wealth of all Indian billionaires is more than the full-year budget, a new study said on Monday.

Nobel Laureate Paul Krugman on Saturday said India has made rapid progress on the economic front but economic inequality in the country remains an issue.

BJP lawmaker Varun Gandhi has urged Lok Sabha Speaker Sumitra Mahajan to initiate a "movement" to encourage economically advantaged Lok Sabha members to forego their remunerations for the remaining term of the Lower House. The move would reinforce people's faith in their representatives, he said.

The richest 1 per cent in India cornered 73 per cent of the wealth generated in the country last year, a new survey showed today, presenting a worrying picture of rising income inequality.

While overall global inequality has fallen in recent decades because of the economic rise of countries such as China and India, inequality within countries has risen sharply, especially in large countries like the United States and China.

According to the IMF chief, the middle class is both growing and shrinking - growing on a global basis, but shrinking in countries like the US.

In signs of rising income inequality, India's richest 1 per cent now hold a huge 58 per cent of the country's total wealth -- higher than the global figure of about 50 per cent, a new study showed today.

Jawaharlal Nehru University Students Union (JNUSU) president Kanhaiya Kumar today vowed that he would keep up his fight against casteism, and economic inequalities but ruled out him campaigning in the coming Assembly polls.

Women in Turkey and India face some of the greatest workplace inequities among the G20 nations but are least likely to speak out, according to a survey released on Tuesday.