How the pandemic has worsened inequality in India

News: Inequality in India is rising. Covid has exacerbated the issue. What are the latest findings? The latest edition of the World Inequality Report shows that the top 10% earn 57% of national income, and within that top 1% earns 22% while the bottom 50% earn only 13% of the income. This deeply impacts social… Continue reading How the pandemic has worsened inequality in India

Dualism and its discontents

News: Covid has substantially sharpened economic dualism in India. Poverty rates are increasing and government needs to focus on the expansion of job opportunities in both the formal and informal segments India has been characterised by significant economic dualism and disparities over many years. Dualism indiciates co-existence of two different worlds. Economic dualism therefore denotes… Continue reading Dualism and its discontents

Creative destruction’ dents inclusion, ups output: Das

What is the News? The Reserve Bank of India(RBI) Governor has delivered his keynote address at the National Management Convention of the All India Management Association (AIMA). What are the key highlights of his address? On Covid-19 Impact The Covid-19 has impacted the poor relatively more than others. It has affected contact-intensive service sectors, which… Continue reading Creative destruction’ dents inclusion, ups output: Das