Tag: Income inequality

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“India’s growth model is witnessing structural fatigue, reflected in stagnating white-collar employment and weakening small business vitality”. Examine the causes of this phenomenon and its implications for income distribution.

Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment Q5. “India’s growth model is witnessing structural fatigue, reflected in stagnating white-collar employment and weakening small business vitality”. Examine the causes of this phenomenon and its implications for income distribution. (15 M) Difficulty Level: Medium Reference: NIE Why the question …

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Redraw Welfare Architecture: Place a UBI in the Centre

Syllabus: Governance Source:  TH Context: The proposal to place Universal Basic Income (UBI) at the centre of India’s welfare architecture has gained renewed attention amid growing income inequality, automation-driven job losses, and welfare inefficiencies. About Redraw Welfare Architecture: Place a UBI in the Centre What is UBI? Universal Basic Income (UBI) is a periodic, unconditional …

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Income Inequality

Facts for Prelims (FFP)   Source: PIB  Context: According to a recent SBI Research report, income inequality in India has decreased, indicating a positive trend of upward mobility and the growth of the middle class.   What does the report say: The decrease in Gini Coefficient (a measure of income inequality) has decreased from 0.472 …

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Oxfam inequality report: Taxing the ‘obscenely’ wealthy may not be the right solution

GS Paper 3 Syllabus: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment   Source: IE  Direction: The article highlights that instead of excessively taxing the wealthy, the need of the hour is to raise the income of all to reduce income inequalities.   Context: Evidence of “excessive” wealth concentration …

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