Why is inequality increasing in India despite the fall in overall poverty? (Answer in 150 words)
Introduction
As per oxfam Report, which 1% of Indians have 40% of wealth while bottom 50% have only 2%. This highlights inequalities in India.
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Main Body
Cause of inequality despite fall in overall poverty: (1) Historical factors: Many people have dynastic wealth which due to lack of land reforms, it was not distributed equally. (2) Caste based inequality: due to long deprivation of SCs and STs. This impacts social mobility. (3) Gender based inequality: women are still getting 33% less pay than men. (4) Digital Apartheid - digital revolution has further widened the gap. Eg. As per oxfam report, top 10% have 6 times higher access to internet. (5) Crony capitalism - that have increased inequality in India.
Government Schemes to reduce inequality: - National Food Security Act, MGNREGA, Street Vendors: PM SWANIDHI, Agriculture promotion, Big Library (Budget 2023-24), PM DIKSHA, PARAKH (Education), Digital Awareness campaign. The need of hour is that all stakeholders (government, businessman, NGOs, civil societies) to come together to reduce inequality (SDG-10).
Mansi Singh
Salient features of Indian Society, Diversity of India
Poverty and Developmental issues
Inequality in India despite poverty reduction
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