{"id":153014,"date":"2021-12-13T20:25:07","date_gmt":"2021-12-13T14:55:07","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=153014"},"modified":"2021-12-14T16:19:56","modified_gmt":"2021-12-14T10:49:56","slug":"how-the-pandemic-has-worsened-inequality-in-india","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/how-the-pandemic-has-worsened-inequality-in-india\/","title":{"rendered":"How the pandemic has worsened inequality in India"},"content":{"rendered":"\n<p><strong>News: <\/strong>Inequality in India is rising. Covid has exacerbated the issue.<\/p>\n<h5><strong>What are the latest findings?<\/strong><\/h5>\n<p>The latest edition of the <strong>World Inequality Report<\/strong> shows that the top 10% earn 57% of national income, and within that top 1% earns 22% while the bottom 50% earn only 13% of the income. This deeply impacts social mobility. This has also translated to inequalities in education and the labour market.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\"><strong>Read more<\/strong>: <a href=\"https:\/\/forumias.com\/blog\/world-inequality-report-2022-worlds-most-extreme-inequality-increase-in-india\/\" target=\"_blank\" rel=\"noopener\">World Inequality report 2022: World\u2019s most extreme inequality increase in India<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h5><strong>What trends emerge from labour market analysis?<\/strong><\/h5>\n<p>Since the onset of the pandemic, there has been a decline in labour force participation. <span style=\"color: #000000;\">This means that despite a young population, the number of people looking for jobs has fallen.<\/span><\/p>\n<p>Second, over the same period, the unemployment rate has risen from 7.5% to 8.6%. So among those looking for jobs, those unable to find jobs, even at lower wages have risen.<\/p>\n<p>Third, among those in jobs, the casualization of labour has increased.<\/p>\n<h5><strong>How does inequality affect social mobility?<\/strong><\/h5>\n<p>Rapid growth lowers the obstacles to mobility. But subdued or uneven growth leads to disproportionate benefits to richer people. For instance, there will be disparities in consumption, income, and wealth.<\/p>\n<p>According to <a href=\"https:\/\/forumias.com\/blog\/aser-survey-and-issues-in-school-education\/\" target=\"_blank\" rel=\"noopener\">ASER Report<\/a>, the learning gaps between children from poor and affluent households will widen with inequality.<\/p>\n<p>This will lead to greater demand for redistribution. Thus, this scenario needs to be arrested for better social mobility.<\/p>\n<p><strong>Source:\u00a0<\/strong>This post is based on the article &#8220;<strong>How the pandemic has worsened inequality in India<\/strong><strong>&#8221;\u00a0<\/strong>published in <strong>Indian Express<\/strong><strong>\u00a0<\/strong>on\u00a0<strong>13th December 2021.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>News: Inequality in India is rising. Covid has exacerbated the issue. What are the latest findings? The latest edition of the World Inequality Report shows that the top 10% earn 57% of national income, and within that top 1% earns 22% while the bottom 50% earn only 13% of the income. This deeply impacts social&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/how-the-pandemic-has-worsened-inequality-in-india\/\">Continue reading <span class=\"screen-reader-text\">How the pandemic has worsened inequality in India<\/span><\/a><\/p>\n","protected":false},"author":5480,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[276,216,9918,10500,9838],"class_list":["post-153014","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-financial-inclusion","tag-gs-paper-3","tag-inclusion","tag-indian-express","tag-inequality","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704770510},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/153014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/5480"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=153014"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/153014\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=153014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=153014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=153014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}