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In the post-pandemic world, addressing inequality is key to sustaining growth and well-being COVID-19 in the last one year has once again reminded us of the growing inequalities in India. A recent Pew Research Report shows that India’s middle class may have shrunk by a third due to the novel coronavirus pandemic while the number of poor people earning less than ₹150 per day more than doubled. The Pew report also warned that the situation may actually be worse than estimated because of worsening inequalities. International organisations like the World Bank, the International Monetary Fund and the International Labour Organization have also warned about rising inequalities in several countries including India due to the pandemic. ....
Jharkhand will contribute its own money to buttress its rural job scheme workers’ wages, chief minister Hemant Soren has announced, prompting renewed calls for the Centre to raise the wages under the programme. Wages under the Mahatma Gandhi National Rural Employment Guarantee Act are fixed separately for every state and paid by the Centre, which has been accused of keeping the wages low. In half the states including Jharkhand, the MGNREGA wage is lower than the minimum wage fixed by the states themselves. Jharkhand is the fourth state to decide to narrow the gap by paying out of its own pocket. ....