By Jag Jivan The 2026 World Inequality Report reveals stark and persistent inequalities across income, wealth, gender, and global financial systems, with India positioned at the centre of several critical trends. The report, drawing on the work of over 200 researchers coordinated by the World Inequality Lab, provides a comprehensive assessment of global disparities up to 2025.
By Ram Puniyani* India’s transition from a feudal and hierarchical social order to a society aspiring for democratic values began during the colonial period. The emergence of modern industries created a new working class, and the introduction of modern education, especially through policies shaped by Thomas Macaulay, laid the groundwork for a more liberal and rights-based public sphere. Pre-modern social structures—feudal and semi-feudal—were rooted in divine authority and caste-based hierarchies, leaving little space for the notion of equal rights. It was within the colonial context that new social forces emerged and articulated demands for rights.