India's economy growing but wealth getting concentrated in a few hands: Rahul Gandhi tells Harvard students
1 year ago

India's economy growing but wealth getting concentrated in a few hands: Rahul Gandhi tells Harvard students

India TV News  

Congress leader Rahul Gandhi, who interacted with some students of Harvard University last week, told them that India’s economy is growing but the wealth is getting “concentrated” in a few hands. He attacked the central government claiming that his social media accounts are “fully capped” and alleged that India is not running a “free and fair democracy anymore”. Rahul links Adani to PM Modi Rahul Gandhi raked up Adani in the conversation with the students and said that he is “directly connected” to Prime Minister Narendra Modi. I've got a shadow ban 24/7.my Twitter's under control, my YouTube is under control and I'm not alone, the entire opposition.I don't think India is running a free and fair democracy anymore.," he said.

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History of this topic

How AAP’s Trickle-up Economics Offers an Alternative Path of Development | Book Excerpt from ‘The Delhi Model’ by Jasmine Shah
1 week, 6 days ago

How AAP’s Trickle-up Economics Offers an Alternative Path of Development | Book Excerpt from ‘The Delhi Model’ by Jasmine Shah

The Hindu  

Published : Jan 01, 2025 18:57 IST - 6 MINS READ Ahead of the final leg of the 2024 Lok Sabha elections, Prime Minister Narendra Modi in an interview was asked about India’s growing inequality. That’s not all, the share of India’s richest 1 per cent in its national income in 2022 exceeded all the G20 nations, surpassing even the …

‘Indian economy cannot progress as long as…’: Rahul Gandhi hits out at Centre
Trending News
1 month, 1 week ago

‘Indian economy cannot progress as long as…’: Rahul Gandhi hits out at Centre

Hindustan Times  

Leader of Opposition in the Lok Sabha, Rahul Gandhi on Sunday said that the India's Gross Domestic Product growth rate has fallen to its lowest in two years at 5.4 percent. Rahul Gandhi on Sunday said India's GDP growth has dropped to 5.4 percent, the lowest in two years. The thing is clear - the Indian economy cannot progress as …

Rahul Gandhi slams govt over decline in India's GDP growth, calls for economic reforms
1 month, 2 weeks ago

Rahul Gandhi slams govt over decline in India's GDP growth, calls for economic reforms

India TV News  

Leader of Opposition in the Lok Sabha, Rahul Gandhi, expressed grave concern over India's economic slowdown on Sunday, highlighting that the country's Gross Domestic Product growth rate has plummeted to its lowest in two years, standing at just 5.4 per cent. Gandhi attributed this downturn to an economy that, according to him, disproportionately benefits a small group of billionaires, while …

The Indian economy is yet to fully escape the state’s shackles
1 month, 3 weeks ago

The Indian economy is yet to fully escape the state’s shackles

Live Mint  

Indian citizens are hesitatingly capitalist. For capitalism to work for a large majority of people, you need institutions to encode and enforce the rules, and prosperity to fund the welfare payments required to uplift specific disadvantaged segments of the population. This column, the sixth in the series on the ‘quantity to quality’ reforms required for India to achieve upper-income status, …

India’s economic boom won’t be derailed by its election shock
7 months, 1 week ago

India’s economic boom won’t be derailed by its election shock

CNN  

New Delhi CNN — Narendra Modi has declared victory in India’s election but he’ll need the support of smaller parties to govern, a shock result that could make it harder for him to pass major economic reforms. India boomed during Modi’s first two terms as prime minister, leapfrogging the United Kingdom to become the world’s fifth biggest economy and growing …

Terms of Trade | Will HCES findings change politics in India?
10 months, 2 weeks ago

Terms of Trade | Will HCES findings change politics in India?

Hindustan Times  

When the government publishes the data for the 2022-23 Household Consumption Expenditure Survey, India will see a big debate on consumption levels, inequality and poverty. From the Mahatma Gandhi Rural Employment Guarantee Scheme and the National Food Security Act under the United Progressive Alliance era to the Narendra Modi government significantly expanding the scope of asset transfer programmes such as …

Book Review | India almost middle-income, yet needs to become ‘thinking nation’
11 months, 3 weeks ago

Book Review | India almost middle-income, yet needs to become ‘thinking nation’

Deccan Chronicle  

India might have become the fifth largest economy in the world and is perhaps on its way to becoming the third largest. Therefore, the gains from labour arbitrage will not pay for other deficiencies.” The authors explain why countries like Vietnam have a distinct advantage over India. In fact, the share of global value chain-related manufacturing output for India rose …

Vantage | India isn't a $4 tn economy yet, but it's growth story is for real
1 year, 1 month ago

Vantage | India isn't a $4 tn economy yet, but it's growth story is for real

Firstpost  

While the viral screenshot turned out to be fake, India’s growth story is for real On 19 November, an unverified screenshot went viral. India: $3.75 trillion Currently, India is the world’s fifth largest economy, after the United States, China, Germany and Japan. He listed eight main challenges: Increasing investment Improving productivity Improving health and education Creating jobs Raising agriculture productivity …

India to soon become $5 trillion economy, says PM Modi
1 year, 4 months ago

India to soon become $5 trillion economy, says PM Modi

The Hindu  

Prime Minister Narendra Modi on August 22 said India will soon become a $5 trillion economy and is poised to become the growth engine of the world in the coming years. Speaking at the BRICS Business Forum Leaders’ Dialogue, Mr. Modi highlighted that “mission-mode” reforms has improved the ease of doing business in India and invited businesses to be part …

Young & skilled workforce of India will be 'asset for the world': PM Modi in interview to French newspaper
1 year, 6 months ago

Young & skilled workforce of India will be 'asset for the world': PM Modi in interview to French newspaper

Firstpost  

Prime Minister Narendra Modi said India is now the most populous in the world and needs to regain its rightful place. ‘This is not just a credibility issue for the UN’ he emphasised Prime Minister Narendra Modi on Thursday said India’s strongest asset is its youth and at a time when many countries in the world are ageing and their …

Jobs for the young must be a key policy priority
1 year, 7 months ago

Jobs for the young must be a key policy priority

Hindustan Times  

Economic data published this week turned my attention to economics, economies, and the numbers or statistics that make up the raw material that economists study. But he found that mathematical calculations very often produced wrong results, so preferring to be, as he put it, roughly right rather than absolutely wrong, he joined the World Bank, There, he held senior positions …

Indian democracy is a global good and its collapse will impact the world: Rahul Gandhi in Washington
1 year, 7 months ago

Indian democracy is a global good and its collapse will impact the world: Rahul Gandhi in Washington

The Hindu  

Indian democracy is a global good and its collapse would have an impact on the world, Congress leader Rahul Gandhi told journalists at the National Press Club in Washington on Thursday, even while reiterating that he considers it an internal battle. During the nearly hour-long interaction, Mr. Gandhi fielded wide-ranging questions, from India’s stance on the Russia-Ukraine war and its …

Why are India’s poorest people being left behind?
1 year, 11 months ago

Why are India’s poorest people being left behind?

Al Jazeera  

On Tuesday, February 7 at 19:30 GMT: India’s BJP-led government says its final budget before a general election in 2024 will spur economic growth, but opposition politicians are among critics who say it fails to address ever-deepening income and wealth inequality highlighted by anti-poverty groups. But it does not include the re-introduction of a wealth tax on the rich that …

The global economy needs a new powerhouse. India is stepping up
1 year, 11 months ago

The global economy needs a new powerhouse. India is stepping up

Live Mint  

India’s economic transformation is kicking into high gear.Global manufacturers are looking beyond China, with Prime Minister Narendra Modi stepping up to seize the moment. “India is on the cusp of huge change,” said Nandan Nilekani, a founder of Infosys Ltd., one of the nation’s largest technology services companies. “A lot of companies feel that given its size, given its young …

In the new evolving world, India needs a new vision
2 years ago

In the new evolving world, India needs a new vision

The Hindu  

The year 2022 can perhaps be best summarised by a quote by Vladimir Lenin: ‘There are decades where nothing happens; and there are weeks where decades happen.’ The year began with the ostensible vanquishing of the COVID-19 pandemic, thanks to the remarkable collective vaccination efforts of science, business and governments across the world. Editorial | Clarity and confusion: On Rahul …

India's Economic Resilience Despite A Global Crisis Makes the World Take Lessons
2 years, 2 months ago

India's Economic Resilience Despite A Global Crisis Makes the World Take Lessons

News 18  

India is a unique country. IMF’s managing director Kristalina Georgieva went a step ahead and said India deserves to be called a bright spot in an otherwise dark horizon because it has been a fast-growing economy, even during difficult times. In its annual ‘World Economic Outlook’ report, the International Monetary Fund said outlook for India is growth of 6.8 per …

‘India seeing death of democracy’: Rahul Gandhi as Congress protests inflation
2 years, 5 months ago

‘India seeing death of democracy’: Rahul Gandhi as Congress protests inflation

Hindustan Times  

India is witnessing the death of democracy, Rahul Gandhi said on Friday, charging at the central government yet again as the Congress holds pan-India protests on inflation. Rahul Gandhi holds presser in Delhi “We are not allowed to speak in Parliament, we are arrested on the road, this is the condition of India today,” Gandhi told at a press briefing, …

Rahul Gandhi hails China's debt-trap diplomacy as prosperity, advocates for similar plans for India-US relations
2 years, 7 months ago

Rahul Gandhi hails China's debt-trap diplomacy as prosperity, advocates for similar plans for India-US relations

Op India  

On May 23, Congress leader Rahul Gandhi defended China’s rising influence in the Indian sub-continent and claimed that China wanted the countries around it to prosper. When she asked about his views on China as a rising global power in relation to its neighbours, particularly India, Gandhi left no stones unturned to defend the dragon. He said, “My problem is, …

Modi@8: How India rediscovered itself to take its rightful place in the world
2 years, 7 months ago

Modi@8: How India rediscovered itself to take its rightful place in the world

Firstpost  

Viewed from both domestic as well as diplomatic parameters, the Modi government’s performance in the last eight years has been nothing short of stellar “What India needs is a new electric fire to stir up a fresh vigour in the national veins.” This was Swami Vivekananda’s edict for an awakened and progressive nation, a vision that decades later was fuelled …

One vision and a billion people’s dream for a $5 trillion economy
2 years, 8 months ago

One vision and a billion people’s dream for a $5 trillion economy

Firstpost  

One man’s vision… a hundred and 38 billion dreams… a journey towards a $5 trillion economy. The government and the start-up India workforce have been working towards an inclusive India and that is a growth story right there itself. Creator Economy fuelled by digitisation, Start-Up India, e-commerce, infrastructure, Pradhan Mantri Jan Dhan Yojana – the banking outreach programme, Swachch Bharat, …

BJP has cost India jobs, made country weaker: Rahul in Lok Sabha
2 years, 11 months ago

BJP has cost India jobs, made country weaker: Rahul in Lok Sabha

Deccan Chronicle  

New Delhi: Congress leader Rahul Gandhi on Wednesday launched a scathing attack on the BJP-led government, saying that it has not just weakened India internationally by isolating it, but also internally by using the judiciary, Election Commission and Pegasus to "destroy the voice of the Union of states". In a fiery speech in Lok Sabha, Mr Gandhi also targeted Prime …

'Two Indias created': In LS, Rahul Gandhi lashes out at Centre on unemployment, aatmanirbhar Bharat and more
2 years, 11 months ago

'Two Indias created': In LS, Rahul Gandhi lashes out at Centre on unemployment, aatmanirbhar Bharat and more

Firstpost  

Speaking first from the Opposition side in the Lok Sabha during the debate on the Motion of Thanks on the President’s address, he said the address to a joint sitting of Parliament didn’t touch the central challenges facing the country New Delhi: Congress leader Rahul Gandhi on Wednesday attacked the government alleging that two Indias, one for the rich and …

India can be at par with US and China by 2047, says Mukesh Ambani
3 years, 5 months ago

India can be at par with US and China by 2047, says Mukesh Ambani

India TV News  

Three decades of economic reforms in India have benefited citizens unevenly and there is a need for the "Indian model" of development to focus on creating wealth at the bottom of the pyramid, the richest Indian Mukesh Ambani said exuding confidence that the country can be at par with the US and China by 2047. Writing a rare column on …

Raghav's Take: Why Stocks Are at Lifetime Highs When Economy Is at Its Weakest?
3 years, 5 months ago

Raghav's Take: Why Stocks Are at Lifetime Highs When Economy Is at Its Weakest?

The Quint  

While there are and always will be several complex intersections to explain sky-high stock markets, I would zero in on a few critical and core factors. Indian stock markets, too, have been buoyed by this unrelenting inflow of dollars, shoving forex reserves to well above USD 600 billion. But India is also host to a unique and accelerating phenomenon that …

India Must Bridge the Last-mile Gap on FTAs for an Economic Take-off
3 years, 7 months ago

India Must Bridge the Last-mile Gap on FTAs for an Economic Take-off

News 18  

The Central Hall of Parliament broke into rapturous applause. Delivering the Nani Palkhivala Memorial Lecture last year, Tata Sons chairman N Chandrasekaran hit the bullseye in noting, “There is a massive risk aversion within the system, which has led to an ‘undesirable equilibrium’ where it is safer to avoid or delay decisions.” Alas, hardly any official has ever been sacked …

Explained: How a raging pandemic is widening India's wealth gap
4 years, 3 months ago

Explained: How a raging pandemic is widening India's wealth gap

India Today  

Ever since India gained Independence, the country has traversed a wave of ups and downs to finally become a global powerhouse over the last five years. In India, the wealth gap has been rising sharply during the ongoing pandemic as previous levels of income inequality were already high in the country. A January 2020 study by rights group Oxfam India …

India’s growth story has never seemed so endangered
4 years, 4 months ago

India’s growth story has never seemed so endangered

Live Mint  

We all knew it would be bad, but no one could have predicted just how bad. Supply and credit links, which had been largely cash-based in the informal sector, among others, remained broken even after high-denomination currency came back into circulation, and some small businesses and poorer households—we will likely never know how many—never recovered to their level of well-being …

Was ridiculed for warning country: Rahul Gandhi on deepening economic crisis
4 years, 6 months ago

Was ridiculed for warning country: Rahul Gandhi on deepening economic crisis

India Today  

Senior Congress leader Rahul Gandhi on Wednesday highlighted how the economic crisis in the country is deepening and added that he was “ridiculed” for warning the country about the truth. “I stated months ago that an economic tsunami was coming and was ridiculed by BJP and the Media for warning the country about the truth,” he added. Gandhi also shared …

Rahul raps Modi over wealth holding of India's richest 1 per cent
4 years, 11 months ago

Rahul raps Modi over wealth holding of India's richest 1 per cent

India TV News  

Former Congress President Rahul Gandhi took a swipe at Prime Minister Narendra Modi over the reports that India's richest 1 per cent owned more than 4 times the wealth of 953 million people, who make up for the bottom 70 per cent of the population. 1% of India's super rich, now own 4 times more wealth than 1 Billion of …

Opinion | Our economy needs ‘hard work’ as much as ‘Harvard’
5 years ago

Opinion | Our economy needs ‘hard work’ as much as ‘Harvard’

Live Mint  

With India’s gross domestic product growth slumping to 4.5%, concerns have arisen over how to grow the economy faster. This has reduced public confidence in the state’s institutions, which has deeper ramifications for the economy’s sustainable development than a growth dip. India’s leaders must choose a few things to do, do them well, and only then move on to other …

Media persons say ’we can’t show truth because we’ll lose our jobs’: Rahul
5 years, 2 months ago

Media persons say ’we can’t show truth because we’ll lose our jobs’: Rahul

Live Mint  

Mahendragarh: Congress leader Rahul Gandhi on Friday launched a scathing attack on Prime Minister Narendra Modi, saying he has no understanding of the economy, and claimed that the world is mocking India due to the BJP's politics of pitting people against each other. "Media persons say 'we know the truth but we can't show it because we will lose our …

Economy was strong under Manmohan Singh: Rahul Gandhi
5 years, 3 months ago

Economy was strong under Manmohan Singh: Rahul Gandhi

India TV News  

Slamming the Bharatiya Janata Party government for all-round failure on the economic front, Congress leader Rahul Gandhi said here on Sunday that under the former UPA Prime Minister Manmohan Singh, the Indian economy was very strong and flourished, earning the admiration of the whole world. Earlier, attacking the BJP during his maiden election rally in Latur over "massive unemployment", the …

Foolish economic theories: Rahul Gandhi hits out at Modi govt, says India doesn't need propaganda
5 years, 4 months ago

Foolish economic theories: Rahul Gandhi hits out at Modi govt, says India doesn't need propaganda

India Today  

Congress leader Rahul Gandhi has accused the Narendra Modi government of "manipulating" news cycles to hide the ongoing economic slowdown in the country. In a tweet, Rahul Gandhi said India does not need "propaganda" and "manipulated news cycles". He said the country also doesn't need "foolish theories about millennials", indirectly attacking Finance Minister Nirmala Sitharaman for her recent comment where …

Opinion | Modi seems to have reprised Gandhi’s economic vision
5 years, 4 months ago

Opinion | Modi seems to have reprised Gandhi’s economic vision

Live Mint  

Every Independence Day, Indian prime ministers have paid homage to the nation’s freedom fighters from the ramparts of the Red Fort. At present, the debate within the policy establishment is focused on reforms to make the economy grow faster and reach the goal of $5 trillion, which Modi is dangling like a carrot to investors. Suggestions of reforms to change …

Remonetise economy, Rahul tells Centre
5 years, 4 months ago

Remonetise economy, Rahul tells Centre

The Hindu  

Congress leader Rahul Gandhi on Friday asked the Centre to remonetise the economy by putting money in the hands of “the needy and not the greedy.” Mr. Gandhi claimed that the government’s own advisers had admitted that the economy was in a “deep mess.” He took to twitter to say that his party had been cautioning about the worsening state …

Tracking India’s economic slowdown: Between NITI Aayog chief’s warning and CEA’s tough talk lies real cure for economy; inaction will be disastrous
5 years, 4 months ago

Tracking India’s economic slowdown: Between NITI Aayog chief’s warning and CEA’s tough talk lies real cure for economy; inaction will be disastrous

Firstpost  

By now, the fear that India’s economy is slowing and slowing at a real dangerous pace has been confirmed by hard data Editor’s note: This is the seventh and concluding part of a series in which Firstpost’s columnists analyse the ongoing economic slowdown and offer solutions. In the absence of private sector participation, India’s economic growth fell to 5.8 percent …

Opinion | Social capital in new India key to $5-tn economy
5 years, 5 months ago

Opinion | Social capital in new India key to $5-tn economy

Live Mint  

Last week, the Indian Express carried an insightful opinion piece by Badri Narayan, professor in Govind Ballabh Pant Social Science Institute, Allahabad, in which he pointed out the return of social politics or politics that is sensitive to social activism. Crediting Prime Minister Narendra Modi for spearheading this shift, Narayan said, “The politics of democracy turned into politics of state …

India’s richest 1% get richer by 39% in 2018; just 3% rise for bottom-half: Oxfam
5 years, 11 months ago

India’s richest 1% get richer by 39% in 2018; just 3% rise for bottom-half: Oxfam

The Hindu  

Indian billionaires saw their fortunes swell by ₹ 2,200 crore a day last year, with the top 1 per cent of the country’s richest getting richer by 39 per cent as against just 3 per cent increase in wealth for the bottom-half of the population, an Oxfam study said on Monday. Globally, billionaires’ fortunes rose by 12 per cent or …

India still on margins in G-20's power play
6 years, 1 month ago

India still on margins in G-20's power play

Deccan Chronicle  

Ten years ago, the Group of Twenty, or G-20, was created to coordinate worldwide action to combat the global financial crisis. India’s Prime Minister Narendra Modi happily posed with him eyeing prospective Saudi investments in India and the three million-odd Indians working in Saudi Arabia, besides the Indian dependence on oil imports. The US-China meeting had implications for global trade …

Silver linings lurk in Diwali mood for India's economy if we look beyond Chinese imports, wavering investments and bad loans
6 years, 2 months ago

Silver linings lurk in Diwali mood for India's economy if we look beyond Chinese imports, wavering investments and bad loans

Firstpost  

Chinese firecrackers may be dampened by the Supreme Court’s crackdown but there is still a big question this Diwali: Is that Ganesha you are worshipping made in China? The Rs 10-lakh-crore pile of non-performing assets in the public sector dominated banking system, and visible tensions between the Reserve Bank of India and Prime Minister Narendra Modi’s government are only indicative …

Richest 10% of Indians own over 3/4th of wealth in India
6 years, 2 months ago

Richest 10% of Indians own over 3/4th of wealth in India

Live Mint  

The richest 10% of Indians own 77.4% of the country’s wealth, says Credit Suisse in their 2018 Global Wealth Report. According to Credit Suisse, the Gini wealth coefficient in India has gone up from 81.3% in 2013 to 85.4% this year, which shows inequality has risen. As the Credit Suisse report says: “While wealth has been rising in India, not …

Former CEA Kaushik Basu says lynchings and 'divisive policies' hurting India's goal of becoming economic superpower
6 years, 5 months ago

Former CEA Kaushik Basu says lynchings and 'divisive policies' hurting India's goal of becoming economic superpower

Firstpost  

Former chief economic advisor Kaushik Basu said a spate of lynchings and divisive policies are hurting India’s image and warned the country’s political leaders that the negative publicity could hinder its goal of becoming an economic superpower, according to several media reports. In an interview with NDTV, The former World Bank chief economist said corporate and political leaders must work …

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