Women in Germany make 18% less money than men do on average. In India, the gap is wider with men earning 78% more than women. Mexico, in spite of having a gender gap of 24%, was considered one of the best Latin American nations in this regard.
The political economy of the Modi government’s budget policies signal a centralisation of political power, but an adjunct outsourcing and coercive privatisation of public responsibility/ownership to the private space.
In India’s growth trajectory, for over a decade, domestic private investment levels have remained consistently low and so has (domestic) manufacturing growth.
While domestic food price inflation is high globally, consumer food price inflation in India has increased from 0.68% to 8.38% between September 2021 and April 2022.