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inequality

Recession – What India should do?

Contrary to the claims of the Finance Minister, India is in recession. Even the RBI agrees. Inequality is on the rise. From jobless growth, we are in 'job loss' growth. Study after study confirms...

Read more November 29, 2022 at 1:42 pm Thomas Franco

Why are two Indias growing further apart?

In more recent times, it is strong rise in financial assets, aided by fiscal and monetary support to businesses in response to the pandemic crisis, which has led to a sharper rise in inequality

Read more September 27, 2022 at 1:27 pm Prasanna Mohanty

Understanding Deregulation, Privatisation & Economic Reforms: What derailed the Indian economy?

The derailment began in 1991, with the World Bank, an IMF loan, and the liberalisation, privatisation, and globalisation agenda.

Read more September 20, 2022 at 12:56 pm Thomas Franco

India’s demographic curse in waiting

Human capital development is critical for the growth and development of any economy, but that is where India remains a global outlier, in spite of having entered the “Amrit Kaal” and becoming the fifth-largest...

Read more September 14, 2022 at 1:59 pm Prasanna Mohanty

How the row over ‘freebies’ hides India’s failure to meet the basic needs of its citizens

While it targets welfare schemes, the Union government has also written off crores in outstanding loans for India’s rich and given huge corporate tax rebates.

Read more August 30, 2022 at 2:16 pm Anirban Bhattacharya

Lies, Despair and a Grotesque Inequality Plagues Indian Economy Today

We witnessed an infantile jubilance on the part of the government since last year about a “record recovery” from the pandemic. Finance Ministry’s report claimed that armed with necessary macro and micro growth drivers, India...

Read more July 12, 2022 at 4:56 pm Anirban Bhattacharya

Tax The Top 1% Now | The Money Trail

When the entire country was reeling under economic pressure, the super-rich still made profits. It's time the people ask for their due share. 

Read more May 8, 2022 at 12:06 pm CFA

Amidst Authoritarian Regimes, Terrible Labour Conditions & Privatization, What’s the Future of our Youth?

Across the globe, we are seeing a rise in authoritarian regimes. Vladimir Putin in Russia, Jair Bolsonaro in Brazil, R.T. Erdoğan in Turkey, Xi Jinping in China and Narendra Modi in India are glaring...

Read more April 2, 2022 at 12:35 pm Thomas Franco

Why low tax for the rich means high tax & lower Govt support for the poor

The Indian tax system has been regressive for long with direct tax contributing less than indirect tax – contrary to what happens in developed economies. It is also known that tax incentives benefit corporates...

Read more February 18, 2022 at 7:15 pm Prasanna Mohanty

Time to End Inequality; Citizens want Governments to listen

The top 1% holds over four times the wealth held by 953 million people (or the bottom 70% of the population). Despite the global market downturn, the rank of India’s super-rich continues to swell....

Read more January 29, 2020 at 1:43 pm Anjela Taneja

Global Mass Protests: Why the Ubiquitous Outrage?

To quote the Political Science professor, Robert O’Brien, at the McMaster University in Hamilton, “the world is at a high level of protest right now”. He further adds that he can witness “a dissatisfaction...

Read more November 24, 2019 at 12:14 pm Aswathi Nair

Wealth of Top 1% Indians increased by 39%, and that of bottom 50% at 3%

It is a good time for the rich in India. India added 18 new billionaires last year raising their number to 119. Their wealth increased by 35 per cent last year – Rs 2200...

Read more February 1, 2019 at 3:27 pm Anjela Taneja

IMF Violates International Human Rights Laws: UN Human Rights Experts

Several UN human rights experts last month wrote an open letter to the Executive Board of the International Monetary Fund to express their dismay about the general approach of the IMF to social security reforms that has...

Read more January 12, 2018 at 6:00 pm Ankit Agrawal

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