Inequality
Oxfam’s “Survival of the Richest” Report
According to a new study by Oxfam International, the richest 1% of people in India now own more than 40% of the country’s total wealth, while the bottom half of the population together share just 3% of wealth. The study, ..
Tags: Billionaires • Gender Inequality • Inequality • Inheritance Tax • Oxfam
Month: Current Affairs - January, 2023
Category: Reports & Indexes Current Affairs
2022 Commitment to Reducing Inequality (CRI) Index
The 2022 Commitment to Reducing Inequality Index or CRI Index, that was recently released, is the fourth edition. According to this report, India has shown improvement in reducing inequality. Key Facts The CRI Index tracks 161 countries’ performance in reducing ..
Tags: Economic inequality • Inequality • Inequality in India • State of Inequality
Month: Current Affairs - October, 2022
Category: Reports & Indexes Current Affairs
Facts Box: ILO’s Labour Report, 2020
The International Labour Organization released its “The World Employment and Social Outlook: Trends 2020” (WESO) report. The report stated that the global unemployment has been stable for the last nine years. However, slowing economic growth means that for the increasing ..
Tags: Employment • Gender Inequality • Inequality • International Labour Organisation • labour market
Month: Current Affairs - January, 2020
October 24: UN Day
The UN Day marks the entry into force of the UN Charter in 1945. However, the day is being commemorated since 1948. In 1971, UN recommended that the day be observed as public holiday by member nations. Next year, October ..
Tags: Conservation • Inequality • Peace • SDG • Terrorism
Month: Current Affairs - October, 2019
Rich-poor divide increasing rapidly: Study
According to World Inequality Report 2018, Income inequality in India has reached historically high levels with share of national income accruing to India’s top 1% earners touching 22% in 2014, while share of top 10% was around 56%. The report ..
Tags: Business • Inequality • World Inequality Lab • World Inequality Report 2018
Month: Current Affairs - December, 2017
Richest 1% own 58% of total wealth in India: Oxfam Study
According to study conducted by rights group Oxfam, India’s richest 1% now hold a huge 58% of the country’s total wealth, indicating rise income inequality. It is higher than the global figure of about 50%. It shows that 57 billionaires ..
Tags: Business & Economy • Inequality • National
