India

India ‘poor and very unequal country’, bottom 50% own ‘almost nothing’: World Inequality Report

NEW DELHI — India has emerged as a poor and “very unequal” country, according to the latest report released by the World Inequality Lab. The bottom half of the Indian population owns “almost nothing” of the national wealth, claimed the report authored by senior economists including France’s Thomas Piketty. In 2021, the top one percent […]

India

PM Modi woos farmers, claims govt gave Rs 76,000-crore fertiliser subsidy

LUCKNOW — Prime Minister Narendra Modi on Tuesday reached out to farmers, claiming the Centre had insulated them from the sudden spurt in international fertiliser and urea prices by providing subsidies worth Rs 76,000 crore. Addressing a public meeting after inaugurating the Rs 8,600-crore Gorakhpur fertiliser factory, Modi said soil nutrients NPK (Nitrogen, Phosphorous, Potassium) […]