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Income Inequality In India
Income inequality in India refers to the unequal distribution of wealth and income among its citizens. According to the CIA World Factbook, the Gini coefficient of India, which is a measure of income distribution inequality, was 35.2 in 2011, ranking 95th out of 157. Wealth distribution is also uneven, with one report estimating that 54% of the country's wealth is controlled by millionaires, the second highest after Russia, as of November 2016. The richest 1% of Indians own 58% of wealth, while the richest 10% of Indians own 80% of the wealth. This trend has consistently increased, meaning the rich are getting richer much faster than the poor, widening the income gap. Inequality worsened since the establishment of income tax in 1922, overtaking the British Raj's record of the share of the top 1% in national income, which was 20.7% in 1939–40. The latest Oxfam International report titled "Survival of the Richest: The India Story" highlights significant income inequality in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India Human Development Index Though 2021
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since 2023; and, since its independence in 1947, the world's most populous democracy. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is near Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations averag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Wealth Report
A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Depending on the currency, a certain level of prestige is associated with being a millionaire. Many national currencies have, or have had at various times, a low unit value, in many cases due to past inflation. It is much easier and less significant to be a millionaire in those currencies, thus a millionaire in the local currency of Hong Kong or Taiwan, for example, may be merely of average wealth, or perhaps less wealthy than average. A millionaire in Zimbabwe in 2007 could have been extremely poor. Because of this, the term 'millionaire' generally refers to those whose assets total at least one million units of a high-value currency, such as the United States dollar, euro, or pound sterling. At the end of 2011, there were around 5.1 million HNWIs in the United States, while at the same time there were 11 million millionaires in a total of 3.5 million millionaire h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income In India
Income in India discusses the financial state in India. With rising economic growth, India's income is also rising. As an overview, India's per capita ''net national income'' or NNI is around ₹2,05,324 in 2024-25. The per capita income is a crude indicator of the prosperity of a country. According to a 2021 report by the Pew Research Center, India has roughly 1.2 billion lower-income individuals, 66 million middle-income individuals, 16 million upper-middle-income individuals, and barely 2 million in the high-income group. According to ''The Economist'', 78 million of India's population are considered middle class as of 2017, if defined using the cutoff of those making more than $10 per day, a standard used by India's National Council of Applied Economic Research. According to the World Bank, only a little less than 90% of India's population lived on less than $10 per day, and more than 95% lived on less than $20 per day in 2021. Financial year data Estimates The Internati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sanitation
Sanitation refers to public health conditions related to clean drinking water and treatment and disposal of human excreta and sewage. Preventing human contact with feces is part of sanitation, as is hand washing with soap. Sanitation systems aim to protect human health by providing a clean environment that will stop the transmission of disease, especially through the fecal–oral route.SuSanA (2008)Towards more sustainable sanitation solutions . Sustainable Sanitation Alliance (SuSanA) For example, diarrhea, a main cause of malnutrition and stunted growth in children, can be reduced through adequate sanitation. There are many other diseases which are easily transmitted in communities that have low levels of sanitation, such as ascariasis (a type of intestinal worm infection or helminthiasis), cholera, hepatitis, polio, schistosomiasis, and trachoma, to name just a few. A range of sanitation technologies and approaches exists. Some examples are community-led total sanita ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Drinking Water
Drinking water or potable water is water that is safe for ingestion, either when drunk directly in liquid form or consumed indirectly through food preparation. It is often (but not always) supplied through taps, in which case it is also called tap water. The amount of drinking water required to maintain good health varies, and depends on physical activity level, age, health-related issues, and environmental conditions. This 2004 article focuses on the USA context and uses data collected from the US military. For those who work in a hot climate, up to a day may be required. About 1 to 2 billion people lack safe drinking water. Water can carry vectors of disease and is a major cause of death and illness worldwide. Developing countries are most affected by unsafe drinking water. Sources Potable water is available in almost all populated areas of the world, although it may be expensive, and the supply may not always be sustainable. Sources where drinking water is commo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Aid
First aid is the first and immediate assistance given to any person with a medical emergency, with care provided to preserve life, prevent the condition from worsening, or to promote recovery until medical services arrive. First aid is generally performed by someone with basic medical or first response training. Mental health first aid is an extension of the concept of first aid to cover mental health, while psychological first aid is used as early treatment of people who are at risk for developing Post-traumatic stress disorder, PTSD. Conflict first aid, focused on preservation and recovery of an individual's social or relationship well-being, is being piloted in Canada. There are many situations that may require first aid, and many countries have legislation, regulation, or guidance, which specifies a minimum level of first aid provision in certain circumstances. This can include specific training or equipment to be available in the workplace (such as an Automated External ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poverty Trap
In economics, a cycle of poverty, poverty trap or generational poverty is when poverty seems to be inherited, preventing subsequent generations from escaping it. It is caused by self-reinforcing mechanisms that cause poverty, once it exists, to persist unless there is outside intervention. It can persist across generations, and when applied to developing countries, is also known as a development trap. Families trapped in the cycle of poverty have few to no Factors of production, resources. There are many self-reinforcing disadvantages that make it virtually impossible for individuals to break the cycle. Lack of financial capital, education, and Social network, social connections all play a role in keeping the impoverished within the cycle of poverty. Those who are born into poverty have been shown to consistently remain poor throughout their lives. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Healthcare
Health care, or healthcare, is the improvement or maintenance of health via the preventive healthcare, prevention, diagnosis, therapy, treatment, wikt:amelioration, amelioration or cure of disease, illness, injury, and other disability, physical and mental impairments in people. Health care is delivered by health professionals and allied health professions, allied health fields. Medicine, dentistry, pharmacy, midwifery, nursing, optometry, audiology, psychology, occupational therapy, physical therapy, athletic training, and other health professions all constitute health care. The term includes work done in providing primary care, wikt:secondary care, secondary care, tertiary care, and public health. Access to health care may vary across countries, communities, and individuals, influenced by social and economic conditions and health policy, health policies. Providing health care services means "the timely use of personal health services to achieve the best possible health outcom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Education
Education is the transmission of knowledge and skills and the development of character traits. Formal education occurs within a structured institutional framework, such as public schools, following a curriculum. Non-formal education also follows a structured approach but occurs outside the formal schooling system, while informal education involves unstructured learning through daily experiences. Formal and non-formal education are categorized into levels, including early childhood education, primary education, secondary education, and tertiary education. Other classifications focus on teaching methods, such as teacher-centered and student-centered education, and on subjects, such as science education, language education, and physical education. Additionally, the term "education" can denote the mental states and qualities of educated individuals and the academic field studying educational phenomena. The precise definition of education is disputed, and there are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Price System
A free price system or free price mechanism (informally called ''the price system'' or ''the price mechanism'') is a mechanism of resource allocation that relies upon prices set by the interchange of supply and demand. The resulting price signals communicated between producers and consumers determine the production and distribution of resources. Therefore the free price system rations supplies, distributes income, and allocates resources. A free price system contrasts with an administered price system, where prices are administered by government in a controlled market. The price system, whether ''free'' or ''controlled'', contrasts with physical and non-monetary economic planning. Mechanics of a free price system In a free price system, prices are not set by any agency or institution. Instead, they are determined in a decentralized fashion by trades that occur as a result of sellers' asking prices matching buyers' bid prices arising from subjective value judgement in a mark ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Safety Net
A social safety net (SSN) consists of non-contributory assistance existing to improve lives of vulnerable families and individuals experiencing poverty and destitution. Examples of SSNs are previously-contributory social pensions, in-kind and food transfers, conditional and unconditional cash transfers, fee waivers, public works, and school feeding programs.World Bank. 2018"The State of Social Safety Nets" 2018. Washington, DC: World Bank. © World Bank. License: CC BY 3.0 IGO. Definitions There is no exact and unified definition of the concept of SSN. The World Bank has one of the widest definitions, but multiple definitions are used by different scholars, institutions, and organizations such as the International Labor Organization (ILO) and ESCAP. This lead some scholars to go so far as to hold that there is no point in using the term SSN as it is rarely used consistently and are instead advocating that the different components of SSN are used for analysis rather than the term ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Advisory Council
The National Advisory Council (NAC) was an advisory body set up by the first United Progressive Alliance (UPA) government in 2004 to advise the Prime Minister of India, Manmohan Singh. Sonia Gandhi served as its chairperson for much of the tenure of the UPA government. Its aim was to assist the Prime Minister in achieving and monitoring missions and goals. History The NAC was set up on 4 June 2004 by prime minister Manmohan Singh, during the tenure of the first UPA government. Organization (2010–2014) The NAC - II consisted of a mix of activists, bureaucrats, economists, politicians and industrialists: * Sonia Gandhi - chairperson. * Mihir Shah - Member, Planning Commission (India), Planning Commission. * Narendra Jadhav - former bureaucrat & Member, Planning Commission. * Ashis Mondal - Director of Action for Social Advancement (ASA), Bhopal. * Pramod Tandon, Prof. Pramod Tandon - Vice Chancellor, North Eastern Hill University. * Deep Joshi - social activist. * Farah Naqvi - ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
