Inequality in India Current Affairs, GK & News

Oxfam India’s ‘Inequality Kills’ Report

According to Oxfam India “Inequality Kills” report, wealth of India’s richest families reached to a record high in 2021. Key findings of report Report states that, 84 per cent of Indian households witnessed an income decline amid covid-19 pandemic. Richest 98 Indians own the same wealth as bottom 552 million people. Number of Indian billionaires increased ..

Month: 

Category: 

Topics: 

World Inequality Report 2022- Highlights

France-based World Inequality Lab published its report titled “World Inequality Report 2022”. Highlights This report was authored by Lucas Chancel, who is the co-director of World Inequality Lab. It was coordinated by famed French economist Thomas Piketty. Key Findings of the report Report notes that, top 1 % of the India’s population owns more than ..

Month: 

Category: 

Topics: 

Economic Survey 2016-17: Chapter-10: Income, Health & Fertility: Convergence Puzzle

India’s continued success as a federation depends on the progress of each of its individual states, so a reasonable standard for assessing how well the states are doing.  In Chapter 10, The economic survey has focused on how different states of India have fared in terms of Income, Health and Fertility; Inequalities among states; and ..

Topics: 

Regional Disparity in India

‘Unity in diversity’ is a fundamental characteristic of India. The growth pattern of Indian Economy has reflected in various dimensions of social, economic, political, geographical, religious, cultural and linguistic diversities. Reasons for Disparity Natural Resources Most important reason for regional disparity is that India’s different regions are endowed with different natural and human-based resources. Some ..

Topics: 

India’s Gini Coefficient

Gini coefficient represents the income distribution of a country’s residents. It was developed by the Italian statistician and sociologist Corrado Gini. It measures the inequality. The coefficient ranges from zero to one, with zero representing perfect equality and one showing perfect inequality. The higher is the Gini Coefficient, more is gap between rich and poor ..

Topics: