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As per The World Fact Book, the Gini Coefficient of India in 2004 was 36.8. What does this mean? Gini Coefficient is a measure of statistical dispersion, often used to measure income or wealth inequality, i.e. the gap between the rich and the poor. Simply put, a country with a lower Gini Coefficient has more [...]
An initiative in Sussex, where people are encouraged to report suspects who seem to have more wealth than they earn. Read about this crime-fighting campaign here on BBC.Wouldn’t it be interesting to see what the police find if they run such a campaign in India…
“Have you heard of J. K. Tripathy?” “No.” This is the (almost) unanimous response. I do not know which is worse – this lack of awareness, or my lack of surprise at the answer. ******* It was a day like any other. It was a little difficult to listen to the news. There was hardly [...]