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Report Dated January 16, 2017 6:59 PM
In signs of rising income inequality, India’s richest one per cent now hold a huge 58 per cent of the country’s total wealth — higher than the global figure of about 50 per cent.
The study, released by rights group Oxfam ahead of the World Economic Forum (WEF) annual meeting in Davos attended by rich and powerful from across the world, showed that just 57 billionaires in India now have same wealth ($ 216 billion) as that of the bottom 70 per cent population of the country.
Globally, just 8 billionaires have the same amount of wealth as the poorest 50 per cent of the world population.
The study said there are 84 billionaires in India, with a collective wealth of $248 billion, led by Mukesh Ambani ($9.3 billion), Dilip Shanghvi ($16.7 billion) and Azim Premji ($15 billion). The total Indian wealth in the country stood at $3.1 trillion.
The total global wealth in the year was $255.7 trillion, of which about $6.5 trillion was held by billionaires, led by Bill Gates ($75 billion), Amancio Ortega ($67 billion) and Warren Buffett ($60.8 billion).
It said that since 2015, the richest 1 per cent has owned more wealth than the rest of the planet.
“Over the next 20 years, 500 people will hand over $2.1 trillion to their heirs – a sum larger than the GDP of India, a country of 1.3 billion people,” Oxfam said.
The study findings showed that the poorest half of the world has less wealth than had been previously thought while over the last two decades, the richest 10 per cent of the population in China, Indonesia, Laos, India, Bangladesh and Sri Lanka have seen their share of income increase by more than 15 per cent.
On the other hand, the poorest 10 per cent have seen their share of income fall by more than 15 per cent.
“Due to a combination of discrimination and working in low-pay sectors, women’s wages across Asia are between 70-90 per cent of men’s,” it said.
Report Dated January 9, 2017 6:27 PM
The migration of Indians from the country to the United Arab Emirates (UAE) formed the second largest corridor in terms of number of migrants in 2015, according to a report released by the Organisation for Economic Cooperation and Development (OECD).
The flow of migrants from India to the UAE between 1995 and 2015 stood at 2.8 million, making UAE the top destination country for Indian migrants (It ranked fourth place in 1995). The corridor between Mexico and the United States remains the largest in terms of the volume of migrants.
In 2015, the flow from Mexico to US stood at nearly 5.5 million. Migration flow between 1995 and 2015 has been computed by OECD by taking the difference between the number of migrants in each of these two years.
In 2015, Indians account for the largest diaspora in the world with 15.6 million migrants, according to OECD’s report. The report points out that 24.3 crore people were living outside their country of birth in 2015, accounting for 3.3% of the world’s population.
The number of migrants from India living in the UAE grew by 126% between 2005 and 2010, accounting for nearly 20% of the global Indian migrant stock in 2015 (in 1995, this constituted just 9% of India’s diaspora). Immigrants now account for almost 70% of the total population in Kuwait and more than 80% in Qatar and the UAE.
Indians are the second largest immigrant group in the US, after Mexicans accounting for 4.7% of the 41.3 million foreign born population.
Wrong interpretation. The migrants to ME are all workers who will return to india when their work visa is over and cannot settle down there while in the case of Mexicans, they all migrate to stay in US.
A significant portion of Indian immigrants in the US are recent arrivals: 51% of the total Indian born population arrived during or after 2000, compared to 36% of the foreign born population as a whole.
Report Dated December 9, 2016 10:56 PM
India has registered nearly an 800 percent spike in the number of honour killings reported last year.
The surge partly reflects more people’s willingness to report such crimes, which many still consider just punishment for women and men who defy communal customs by marrying out of their religion, caste or clan.
Women’s rights activists say the government must pass legislation to recognise the crime as unique in order to target perpetrators for prosecution.
Honour killings are still common among Hindus and Muslims, to regularly make headlines in a country where most marriages are arranged by families. Most cases are reported in northern states including Uttar Pradesh and Haryana where cast councils yield enormous power in village life.
Women’s activists also say that having 79 honour killings recorded over two years still underestimates the actual numbers. One 2011 study suggested about 900 people are murdered in honour killings every year in India.
Report Dated November 26, 2016 10:56 PM
According to a new ActionAid research, over four in 10 women (41%) in India, experience harassment or violence before the age of 19. The four nation survey also revealed that women experience harassment for the first time at a young age, with 6% experiencing violence before age 10 in India.
The figure for Brazil is 16%, in UK it is 12% and in Thailand it is 8%.
The research also found that around 73% of women in India have experienced some form of violence or harassment in the past month. More than one in four (26%) women in India said they had been groped in the past month.
The poll was commissioned to mark International Day for Elimination of Violence Against Women and was conducted online with 2,518 participants.
The findings also show how women are increasingly taking steps in their daily lives to guard against such threats. Over 82% of women in India said they had taken steps to protect themselves against harassment. The measures they take range from avoiding parks and poorly lit areas, changing a travel route, using everyday objects like keys as a weapon, or carrying a protective device such as a rape alarm or pepper spray.
On the subject of the survey, ActionAid India executive director Sandeep Chachra said ‘threats to safety of women are directly related to patriarchal mindsets that manifests itself on streets, at the workplace, and at home’.
Report Dated November 2, 2016 11:05 PM
Together the three categories account for 39 percent of India’s population, therefore their share among undertrials is disproportionate to their population. Also 70% of them have not passed Grade 10.
Besides, the three communities have a lower representation among convicts.
The data also shows that most of the undertrials have to spend 3 months in prison before they can secure bail.
The NCRB report says the most significant increase in convictions was in rape cases, with Uttar Pradesh having the highest number of rape cases, followed by Madhya Pradesh.