The pattern of economic growth in India has widened the gap between haves and have-nots, and calls for enhanced role of state in protection and promotion of social security. Critically examine.

The Ox-Pam Report on Inequality in India shows that the top 10% own 77% of the wealth in the country. Rising inequalities amplified by the economic downturn and COVID-19 have ignited the debate on social security. Rising informalisation, casualisation of work, advent of the gig economy, and the huge prevalence of informal workers in India point to its urgent redesal by the state.

Before embarking on the path of fiscal prudence and consolidation, coupled with robust economic growth, state-sponsored social security will have high opportunity costs. However, India's law per capita incomes necessitates social security nets if it wants to eliminate poverty. Code on Social Security (as part of the 4 Labour Codes) is a step in the right direction.