Black hole of public finance: Unequal fiscal burden on citizens
73% of the wealth generated in India in 2017 went to the richest 1%, while the poorest half of the population saw only a 1% increase in their wealth.
An “Amrit Kaal” which entails feeding 62.5% population with “free” food
How do you describe a nation that is the fastest-growing major economy in the world and also the fifth largest economy in the world
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...
Why is India crying foul over worsening hunger?
The Global Hunger Index 2022 relies on India’s official data in two of the four indicators, gives extra marks in the third and for the fourth, it relies on FAO’s survey while India has...
India added a whopping 79% to the global ‘extreme poor’ in 2020
Shockingly, World Bank estimated this using a private firm CMIE’s surveys, because Indian government wouldn’t collect household consumption data, lest it reveals the ugly truth
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...
Modi’s welfare offers: Extreme poverty led people to condone govt failures during polls
One of the striking factors in the BJP’s electoral win in the recently concluded election in five states is the role welfarism played in overcoming anti-incumbency. Ground reports and political analysts have reported and...