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We’re not all in the same boat -Amitabh Behar

-The Hindu Fighting Inequality must be at the heart of our economic rescue and recovery efforts One of the most incisive and hard-hitting comments on the real import of the COVID-19 crisis came from none other than the United Nations Secretary General, Antonio Guterres. He said: “COVID-19 has been likened to an x-ray, revealing fractures in the fragile skeleton of the societies we have built. It is exposing fallacies and falsehoods everywhere:...

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Budget 2021 Is a Chance to Undo the COVID-Induced Inequality That Has Surged Across India -Nikhil Dey Ideally, the government should increase the work entitlement for MGNREGA to at least 150 days, double the budget and put in place an urban employment guarantee act. Let’s start with those who did well over the last 10 months. The Sensex index crossed the 50,000 benchmark for the first time on January 21, 2021, with a whopping 70% increase since April 2020. The Oxfam Inequality report, just released, gives an idea of...

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Covid deepened inequalities: wealth, education, gender -Udit Misra

-The Indian Express An Oxfam report, titled ‘The Inequality Virus’, has found that as the pandemic stalled the economy, forcing millions of poor Indians out of jobs, the richest billionaires in India increased their wealth by 35 per cent. A new report by Oxfam has found that the Covid pandemic deeply exacerbated existing inequalities in India and around the world. The report, titled ‘The Inequality Virus’, has found that as the pandemic stalled...

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The political economy driving farm protests -Neelanjan Sircar

-Hindustan Times The concentration of political and economic power has made democratic contestation challenging. Citizens are finding other methods Fearing that India’s controversial proposed farm laws will disproportionately benefit a few corporate magnates, farmers have made Mukesh Ambani’s Reliance storefronts and Reliance Jio infrastructure the sites of major protest over the past few months. While Ambani has insisted that his company has no plans to enter corporate farming, his purported political networks...

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Number Theory: How much does an average Indian earn? -Abhishek Jha

-Hindustan Times The average annual per capita income of households interviewed in the LASI survey conducted in 2017-18 is ₹44,901. This is just about 39% of the per capita income in the same year according to the National Account Statistics India’s per capita annual income in 2019-20 was ₹1,26,968, according to provisional estimates published on January 7. This average, given India’s large income Inequality, is not representative of the earnings of average...

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