Thursday, October 16, 2008

Rich India Poor India

The country is divided into two segments from economy perspective The rich India and Poor India. The segment of the country's population which comes under Rich India is miniscule compared to vast majority of population which come under poor India. People coming under poor India do not have enough money to fulfill the basic needs. So long as there is unequal distribution of money, the GDP growth of the country which currently is second only to China is not going to benefit large percentage of population which come under poverty line. All the empty slogans of political parties like India shining, Feel good factor etc will not change the ground reality. The ground reality is that even today, 75% of rural areas do not even have proper sanitation facilities, safe drinking water and electricity. In a society like ours , it is a sin for a person to accumulate wealth beyond a point which is adequate for him to lead a decent life considering farmers committing suicides everyday because they are unable to repay loans taken from moneylenders and banks. On one hand, we have extremely poor people unable to make both ends meet, on the other hand we have filthy rich people who have amassed wealth worth thousands of crores. The distribution of wealth is highly skewed in favour of filthy rich. This economic divide between the rich and poor is increasing day by day at the national level and international level. The government is doing very little to bridge the gap. Are we insensitive towards the large section of population who have been denied the basic needs. There are many people who genuinely want to help but the money donated by them in various relief funds do not reach the poor. The subsidies given by the government in foodgrains and other essential commodities also do not reach the poor. GDP growth in absolute terms is not an indicator of economic prosperity. Unless the divide between the rich and poor is narrowed down, we cannot claim to achieve any economic progress in real sense.

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