Increasing economic inequality in india


         Dr. Brahmadeep Alune

    Indeed, in India,who have entered the eighth decade after independence, even now, economic inequality is in the form of the biggest problem.In such a case, the question arises whether we have failed to protect the socialist structure.

    In an interview nearly 50 days before independence, Gandhi described India’s biggest problem as economic inequality. He had acknowledged that ‘There is economic inequality today, there is economic inequality in the root of socialism. A couple of crores and others do not even have dry roti. There is no hope of seeing Ramrajya in such a terrible inequality.

    economic inequlity

    Oxfam is a consortium of 20 independent charitable organizations, which focuses on eradicating global poverty established in 1942. This year’s Oxfam report exposes India’s economic inequality. India’s 9 emirs have property equal to 50 percent of the population. In the property of millionaires present in India, there is an increase of about 2200 crore rupees per day in 2018. The property of one per cent of the population of the country has increased by 39 per cent last year.

    In India, 10 percent of the people have a total of 77.4 percent of the property. Of these, one percent has a total of 51.53 percent of the property. While 60 per cent of people can barely afford ‘do June roti’, they have only 4.8 per cent of the property.

    In the report of the world-renowned Credit Suisse Research Institute, working for financial affairs in 2012, it was stated that “Money is increasing rapidly in India, the number of rich and middle class is increasing in India but this growth Not everyone is a stakeholder and poverty is still a major problem in India.”

    This is also revealed in the report of French tech firm Cape Gemini. According to the report, the number of immigrants in India rose by 20.4 percent to 2.63 lakh in 2017. During this period, his net worth grew 21 percent to $ 1 trillion. After the surge in 2017, India has reached 11th position in this case. Over 50 percent of the market capitalization in the last year’s rise in the number of highly wealthy people in India has played an important role.

    Mukesh Ambani, India’s richest man in the Forbes list, is at number 19. His total wealth is 2.6 lakh crore. Their wealth has increased by $ 16.9 billion compared to last year. In 2017, Mukesh Ambani was ranked 33th in this list.

    According to Forbes’s 2018 list, 19 billionaires have increased in India compared to last year. At the same time, the list of capitalist policies reached the 140th place in the list of 156 countries in the list of happy men. It is not that India’s achievements are lesser than any other and it has also underlined the United Nations. But our development process has brought inequality with those who were already able to become strong, while the common man is going down. In our cases, our neighboring countries are also better off fighting poverty, terrorism and civil war.

    North Korea is helpless towards dictatorship and global sanctions, Bangladesh is forced to withstand the adverse effects of climate change, Afghanistan has been battling civil war for two decades. But even after all these adverse circumstances, the number of people in these three countries is relatively low, which does not have two June roti and they have to starve.

    At the same time, there is a development claim in the world’s largest democracy; there are plans for progress; there are figures of high paradigm of development; with all these, it is also the country of those who are most hungry.

    FAO’s report, “The State of Food Inscurity in the World 2015” states that in recent years, many countries around the world have progressed towards eliminating the hunger problem, but in countries like India, its speed is low. According to this report, crores of people are still victims of malnutrition in India. According to the Global Hunger Index, hunger situation in India is extremely serious.

    According to the 2018 multi-dimensional Global Poverty Index of the United Nations Development Program, between a decade between 2005-06 and 2015-16, 27 million people have come out of the poverty line in India, but this report shows that India is backward than Nepal, Bangladesh is.

    In a nation like India, people have faith in the democratic process and they expect bread, cloth and house from the government. After independence, dreams were made to bridge the gap of inequality with the socialist structure which is becoming dull in the face of capitalist culture. As long as the availability of bread is not ensured for every citizen of the country, our development will continue to collapse.

    We can not ignore Gandhi’s teachings in which he said that “economic equality is the real key to non-violent self-determination. It is not possible to establish a non-violent system of governance until the gap between the rich and the millions hungry will remain. “

    However, the country must decide whether to celebrate the prospects of growing 70 rich in India every day between 2018 and 2022, or reflect on the fact that India is one of the worst countries of the hungry people of the world. Only two and a half million people are unable to feed everyday.

    For any country it can not be an embarrassing situation that it claims to be an economic powerhouse and its millions of citizens are forced to starve.