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Impose 1% Surcharge on Richest 10% Indians to Reduce Inequality

The gap between the top 10% asset holders and the bottom 10% is 500 times in rural India but is shockingly 50,000 times in urban areas, Oxfam, the British founded confederation of 21 independent charitable organisations, reported in 2017. Oxfam India’s latest report titled ‘Inequality Kills: India Supplement 2022’ reveals far worsening inequality in the country.

Inequality has always plagued India but it has been exacerbated by the Narendra Modi government in the last eight years. The promotion of corporate giants at the cost of public welfare is the driving force behind the increasing inequality.

The Oxfam report exposes the government’s much-hyped hollow claims of ‘Sabka Saath, Sabka Vikas’ and meeting the universal standards of sustainable development goals.

— source newsclick.in | Tikender Singh Panwar | 19 Jan 2022

Nullius in verba


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