Oxfam's Inequality rank has this bad news for India. While we claim to be among fastest growing economy, the growth seems to be happening only for the super rich.
The index ranks 157 countries on their policies on social spending, tax, and labour rights. As per the report, countries such as South Korea, Namibia and Uruguay are taking strong steps to reduce inequality. However, countries like India and Nigeria did very badly.
https://www.financialexpress.com/india-news/inequality-index-india-ranks-in-bottom-15-out-of-157-countries-on-efforts-to-reduce-disparity/1342770/
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Ranjan Panda
Convenor, Combat Climate Change Network, India
Email: ranjanpanda@gmail.com
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