Five states have half of India’s Slums

The top five states by number of slums per 100 households–Chhattisgarh (18), Odisha (17), Jharkhand (14), Tamil Nadu (11) and Bihar (10)–in 2008-09, the latest year for which household data are available.

215 Million Indians Have Zero Assets

  In a country where “inclusion” is the emerging political mantra, an estimated 215 million Indians–roughly the population of Canada and Pakistan combined–are largely excluded from economic progress.   These paupers, of sorts, have “zero assets”, which means they do not own a television set, a motorcycle, a mobile phone, or any of seven items … Continued

India’s Wealth Is Rising. So Is Inequality

  “Worldwide, inequality of individual wealth is extreme. At the start of 2014, Oxfam calculated that the richest 85 people on the planet owned as much as the poorest half of humanity. Between March 2013 and March 2014, these 85 people grew $668 million richer each day.”   That is the observation by Oxfam India, … Continued