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India must do more to tax its super rich, says French economist Thomas Piketty
3 weeks, 6 days ago

India must do more to tax its super rich, says French economist Thomas Piketty

Hindustan Times  

Thomas Piketty, a French economist and novelist, stated on Friday that given India's high levels of inequality, more should be done to tax its super-rich. Piketty stated, "India should be active in taxing the rich," during a gathering hosted by the Delhi School of Economics and the think tank Research and Information System for Developing Countries, located in Delhi. He …

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‘India must impose more taxes on super-rich’: Economist Thomas Piketty as top 1% hold over 40% of nation’s wealth
4 weeks ago

‘India must impose more taxes on super-rich’: Economist Thomas Piketty as top 1% hold over 40% of nation’s wealth

Live Mint  

NEW DELHI - India should do more to tax its super-rich given its high levels of inequality, French economist and author Thomas Piketty said on Friday. "India should be active in taxing the rich," Piketty said at an event organised by Delhi-based think tank Research and Information System for Developing Countries and the Delhi School of Economics. He said India …

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Inequality worsening in India with share of top 1% in total income at new high, says new paper co-authored by Piketty
9 months, 3 weeks ago

Inequality worsening in India with share of top 1% in total income at new high, says new paper co-authored by Piketty

Hindustan Times  

The share of the top 1% of Indians in total income and wealth is expected to have reached its highest ever level in 2022-23, according to a working paper published by the World Inequality Lab at the Paris School of Economics. The working paper by four economics researchers – Nitin Kumar Bharti, Lucas Chancel, Thomas Piketty, and Anmol Somanchi – …

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Mohan Guruswamy | How rise in inequality distorts Indian society
4 years ago

Mohan Guruswamy | How rise in inequality distorts Indian society

Deccan Chronicle  

In 2013 the French economist Thomas Piketty released Capital in the Twenty-First Century, a magnum opus on income inequality. We are, Piketty suggested, returning to the kind of dynastic, ‘patrimonial’ capitalism that prevailed in the late 19th century.” We only need to look around us to see that most of the wealthy today are inheritors, and without doubt many of …

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India has to come to terms with inequality: Thomas Piketty
4 years, 7 months ago

India has to come to terms with inequality: Thomas Piketty

The Hindu  

If the catastrophic human toll of the ongoing COVID-19 pandemic was the first wave to strike the world this year, its severe economic consequences – including loss of livelihoods of the poor across countries, leading to massive internal displacement and starvation in many cases – have been the second wave. Generally speaking, one of the themes of my book, Capital …

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India needs basic income scheme to make coronavirus lockdown work: French economist
4 years, 7 months ago

India needs basic income scheme to make coronavirus lockdown work: French economist

The Hindu  

India needs to come out with a basic income scheme to make the lockdown work, noted French economist Thomas Piketty said on Tuesday. Pandemic fallout revives talk of universal basic income I think the government would be well advised to introduce a basic income scheme and more generally to develop a safety net in India. Congress demands implementation of Nyay …

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