|
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. Income gaps According to Thomas Piketty, it is difficult to accurately measure wealth inequality in India because of large gaps in inco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kondapur Hyderabad - View From Sri Venkateswara Nilayam
Kondapur is a suburb in western part of Hyderabad, Telangana, India. It falls under Serilingampally mandal of Ranga Reddy district. The locality has emerged as a prominent commercial and residential hub, owing to its close proximity to IT corridor of Hyderabad. It is administered as Ward No. 104 of Greater Hyderabad Municipal Corporation. Etymology Kondapur is portmanteau of two Telugu words: ''Konda'' and ''pur'', translating to "Hill settlement." Economy Kondapur is located in the Cyberabad information technology zone and in the last decade it has rapidly grown into a modern business hub. Google Hyderabad is in Kondapur. The region had a real estate and commercial zone expansion in last two decades (1996 - 2010). A subsequent over-supply of housing has led to a real estate price stagnation during the years 2010 to 2013, which however did recover from the year 2014. The ground-water is quite sufficient all through the year for the people staying in apartments, though the purch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Advisory Council
The National Advisory Council (NAC) of India was a unconstitutional body set up by the first United Progressive Alliance (UPA) government to advise the Prime Minister of India Manmohan Singh. Sonia Gandhi served as its chairperson for much of the tenure of the UPA. It assists the Institute in achieving and monitoring its mission 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 * Narendra Jadhav - former bureaucrat & Member, Planning Commission * Ashis Mondal - Director of Action for Social Advancement (ASA), Bhopal * Prof. Pramod Tandon - Vice Chancellor, North Eastern Hill University * Deep Joshi - social activist * Farah Naqvi - social activist * Dr. N. C. Saxena - former bureaucrat * Anu Ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income In India
Income in India discusses the financial state in India. With rising economic growth and prosperity, India’s income is also rising rapidly. As an overview, India's per capita ''net national income'' or NNI was around 135 thousand rupees in 2020. The per-capita income is a crude indicator of the prosperity of a country. In contrast, the ''gross national income'' at constant prices stood at over 128 trillion rupees. The same year, GNI growth rate at constant prices was around 6.6 percent. While GNI and NNI are both indicators for a country's economic performance and welfare, the GNI is related to the GDP or the Gross Domestic Product plus the net receipts from abroad, including wages and salaries, property income, net taxes and subsidies receivable from abroad. On the other hand, the NNI of a country is equal to its GNI net of depreciation. Financial year data India's nominal per capita income was US$1,670 per year in 2016, ranked 112th out of 164 countries by the World Bank, w ... [...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 sanitation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Drinking Water
Drinking water is water that is used in drink or food preparation; potable water is water that is safe to be used as drinking 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. Recent work showed that the most important driver of water turnover which is closely linked to water requirements is energy expenditure. For those who work in a hot climate, up to a day may be required. Typically in developed countries, tap water meets drinking water quality standards, even though only a small proportion is actually consumed or used in food preparation. Other typical uses for tap water include washing, toilets, and irrigation. Greywater may also be used for toilets or irrigation. Its use for irrigation however may be associated with risks. Water may also be unacceptable due to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Aid
First aid is the first and immediate assistance given to any person with either a minor or serious illness or injury, with care provided to preserve life, prevent the condition from worsening, or to promote recovery. It includes initial intervention in a serious condition prior to professional medical help being available, such as performing cardiopulmonary resuscitation (CPR) while waiting for an ambulance, as well as the complete treatment of minor conditions, such as applying a plaster to a cut. First aid is generally performed by someone with basic medical 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 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 hav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poverty Trap
In economics, a cycle of poverty or poverty trap 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 resources. There are many self-reinforcing disadvantages that make it virtually impossible for individuals to break the cycle. This occurs when poor people do not have the resources necessary to escape poverty, such as financial capital, education, or connections. Impoverished individuals do not have access to economic and social resources as a result of their poverty. This lack may increase their poverty. This could mean that the poor remain poor throughout their lives.Hutchinson Encycloped ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Healthcare
Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health professionals and 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. It includes work done in providing primary care, secondary care, and tertiary care, as well as in public health. Access to health care may vary across countries, communities, and individuals, influenced by social and economic conditions as well as health policies. Providing health care services means "the timely use of personal health services to achieve the best possible health outcomes". Factors to consider in terms of health care access include financial limitations (such as insurance coverage), geo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Education
Education is a purposeful activity directed at achieving certain aims, such as transmitting knowledge or fostering skills and character traits. These aims may include the development of understanding, rationality, kindness, and honesty. Various researchers emphasize the role of critical thinking in order to distinguish education from indoctrination. Some theorists require that education results in an improvement of the student while others prefer a value-neutral definition of the term. In a slightly different sense, education may also refer, not to the process, but to the product of this process: the mental states and dispositions possessed by educated people. Education originated as the transmission of cultural heritage from one generation to the next. Today, educational goals increasingly encompass new ideas such as the liberation of learners, skills needed for modern society, empathy, and complex vocational skills. Types of education are commonly divided into formal ... [...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. 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 market economy. Since resources of consumers are limited at any given time, consumers are relegated to satisfying wants in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Safety Net
The 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. The core idea of SSN can be understood as an analogy to a circus artist walking on a tightrope with a net hanging under it, ready to catch the artist if she falls. It is not helping her to get up on the line again, but prevents her from falling to the ground, avoiding potentially life-threatening damages. In the same way, the economic social safety net provides a certain minimum amount of welfare or safety that the society has agreed that no one should fall below. 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 b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High-net-worth Individuals
High-net-worth individual (HNWI) is a term used by some segments of the financial services industry to designate persons whose investible wealth (assets such as stocks and bonds) exceeds a given amount. Typically, these individuals are defined as holding financial assets (excluding their primary residence) with a value greater than US$1 million. "Very-HNWI" (VHNWI) can refer to someone with a net worth of at least US$5 million. The Capgemini World Wealth Report 2020 defines an additional class of ultra-high-net-worth individuals (UHNWIs), those with US$30 million in investible assets. According to The Knight Frank Wealth Report, HNWI can refer to someone with a net worth of at least US$1 million while UHNWI can refer to someone with a net worth of at least US$30 million. , there were estimated to be just over 15 million HNWIs in the world according to the Global Citizens Report by Henley & Partners. The United States had the highest number of HNWIs (5,325,000) of any countr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
