Hurun List and hysterectomies.

"India's recent economic success, solid momentum, and promising prospects are making the country ever more influential both regionally and internationally. But the experience of other countries suggests that" "An action that makes sense domestically may conflict with what other countries expect from a systemically important economy. Meanwhile, actions that make sense internationally could complicate domestic economic progress," wrote Profs Mohamed A El-Erian & Michael Spence. "Improved capital formation in the economy, accompanied by various government measures, will generate more jobs opportunities in this decade than the previous one, chief economic advisor V Anantha Nageswaran said." ET. The previous decade, from 2014 till date, has been under Prime Minister Narendra Modi's government since he won the Lok Sabha elections in 2014 and 2019. wikipedia. If it has not happened in ten years, why should we believe it will happen now? While we get a promise of jam tomorrow (wikipedia), "Mumbai has swiftly emerged as Asia's billionaire hub, surpassing Beijing for the first time, according to Hurun Research's 2024 Global Rich List," with 92 billionaire's to Beijing's 91. ET. "The Modi years have been exceptionally generous to the affluent." Their billions came "not by putting innovative products and services in global markets, but by carving up domestic industries such as transportation, telecom, power and gas, metals, retail, media and new energy. The Modi government rewarded large businesses with tax cuts and awarded them prize monopoly assets like airports. The billionaires got juicy deals when buying bankrupt firms and lobbied - often successfully - for protectionist trade policies. At the same time, India's rules on foreign direct investment protected the national team from muscular global rivals." Mint. According to a paper "titled 'Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj," "inequality in India now is worse than during the British Raj and is at its highest level in history," with "1% of the population owning as much as 40.1% of wealth and accounting for 22.6% of income in 2022-23." DH. The Periodic Labor Force Survey (PLFS) found that 112 million jobs have been created between 2017-18 and 2022-23, but 37% of these 112 million were unpaid family workers (also known as self-employed helpers in household enterprises), wrote Abhishek Jha. The sugar industry in India runs on female slave labor. "Young girls are pushed into illegal child marriages so they can work alongside their husbands cutting and gathering sugar cane. Instead of receiving wages, they work to pay off advances from their employers," so that "An extreme yet common consequence of this financial entrapment is hysterectomies." "Hysterectomies keep them working, undistracted by doctor visits or the hardship of menstruating in a field with no access to running water, toilets or shelter." NYT. Hysterectomies have also to be paid for. Cut more cane.