New Delhi, March 3 (IANS) The Chinese government and the ruling Communist Party of China (CCP) have not taken any steps to solve the problem of limited employment opportunities in the country, and the significant decline in the wages of workers in recent years, an article said. Despite these harsh economic realities, the expectation to display fake prosperity among the population has not eased, according to the article in Mekong News.This is evident in the Spring Festival, during which people fe…
Latest Wealth Disparity News & Updates
New Delhi, Jan 21 (IANS) Experts in Pakistan have slammed the expansion of corporate farming and land acquisition, lamenting that such government schemes are displacing farmers and privatising land and water resources, particularly in Punjab and Sindh.A report in viacampesina.org detailed the outcome of the Pakistan Kissan Rabita Committee (PKRC) meeting in Lahore which announced nationwide mobilisation against corporate farming, land grabbing, and the deepening agrarian crisis.Around 170 delega…
New Delhi, Jan 10 (IANS) The government in Pakistan is actively feeding ‘paper growth’ sectors that may bring some GDP growth but do not stimulate commercial investment — like real estate where the rich park their wealth and let it grow, according to a new report.Since 2019, the poorest 20 per cent of Pakistani households have seen their real monthly incomes plunge by nearly 12 per cent, said the Editorial in The Express Tribune.“In contrast, the wealthiest quintile enjoyed a 7 per cent incre…