I know none and I don't think there is any - not a possibility...
By
Inamur Rehman, Billing Manager, Aptaracorp Inc.
| 04 25 2010 20:47:41 +0000
Yes and Very Much The gap has been widening for a very long time. Add to this the population explosion in the last 100 years. Earlier it was the Maharajas and the courtiers, “Zameendars”, etc. who were exploiting the masses then the British joined the bandwagon and took exploitation to new heights. For centuries there has been this ever growing divide. It was worse during the Pre Independence period where there was pure exploitation (in-humanism) and post independence it was slightly reduced because of control (socialist) raj. But this was at the cost of real growth. Now due to policy changes like opening up of the economy the widening of the gap is more visible. But these policies are required for overall growth of the nation. Hence though this is bound to happen and is happening. This is true to all countries of the world. Now the government has to think of remedial measures to counter the effect. Here, I would like to use the words “Can Afford” and the “Cannot Afford”. Currently there are multitudes of “Cannot Affords” than “Can Affords”. Well, around 90% of the wealth are in the hands of 10% of people. Then in a population of about 120 Crores, about 12 Crores fall in the bracket of “Can Afford” and the rest (Middle Class, Lower Middle Class, Poor, BPL, etc.) fall in the category of “Cannot Afford”. Those who cannot afford even any one of the below are in the bracket “Cannot Afford” and those who can afford all the below are in the bracket of “Can Afford”. 1. Quality Health and Health Care Facilities (Not just the kind given in any government hospital) 2. Quality Education 3. Quality food 4. Decent Accommodation (Decent and affordable house) 5. Decent Savings for future (Children’s education, marriage, retirement plans, etc.) 6. Decent Lifestyle (Clothing, at-least minimum entertainment, etc.) 7. Quality Transportation facility 8. Some sort of un-employment dole system 9. Above all, peace of mind (at least free from worry about the thought of affording the above) The state must make provisions for especially 1, 2 & 3 and must ensure that the price of houses (Decently sized and not pigeon holes) are affordable and within reach of the “Mango Man”. It must make retirement planning a must for all (Especially the un-organized sector), give huge sops for this, and implement it vigorously. If it does so, then the widening income gap won’t be much of a problem for the Common Man. Communism, Socialism and all other systems haven’t worked well. Capitalism, if uncontrolled, takes to exploitation. Hence we need a system where “Humanism” is put first. Only then these sort of things would come to an end otherwise it would be wishful thinking and many a times this lead to all sorts of armed struggles.
By
G A Narayan, VP - Marketing, KE Housing P. Ltd.
| 04 24 2010 11:49:57 +0000
I think in India the income is distributed properly, according to the level of a person. This differentiation should be there but we should bring some policy to eradicate black money..... which will make the income flow equal.... TX
By
Sheetal Jadhav, Sales/BD Manager, Future Group
| 04 23 2010 13:25:15 +0000
For a fast developing country like India, It is utmost to have a fair and equal income distribution policy like the West. unless we have it, the gap between the poor and the rich will be widen.only 5% of the population grabs the whole worth of the economy, rest are struggling.what do we intellectual think about it?please share your views.
By
Biswarup Chatterjee, MBA/PGDM student, Graduate School of Business&Administration
| 04 22 2010 19:56:17 +0000
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Name any country in the world, which have equal income distribution system, even not in Russia or China.
By
R N Bhattacharyya, Freelancer, Freelancer
| 04 28 2010 07:54:20 +0000
Dear Biswarup, Nice argument. The term "AAM AADAMI" forever used by "KHAAS AADAMI" says a lot if we wish to read the lines.... A country where citizens do not even have equal rights and opportunities thought of equal distribution appears no more than a cruel joke. Any democratic country must first orient itself to deal with citizens on equal terms this as a first would force the policies of appeasement to stop. Reservations or benefits wherever intended would at best be based on economic and deprievity logic and not whims and fancies to begin with further increasing the gap between "powerful and powerless".
By
Ravindra Sharma, Managing Consultant, CHEF-India
| 04 26 2010 08:26:29 +0000
well well.... "equal income distribution".... in india the policy of income distribution is not at followed , there can be such a policy for goverment to follow but it is not followe at all, and to be hones it is not possible at all looking at the economic status of the people in india.. its the goverment who shouls look in to this, we need to provide equal incom opportunities for all the people in india...
By
Animesh das, Associate/Sr. Associate -(Technical), Wipro
| 04 26 2010 08:06:28 +0000
No country has an equal income distribution policy. Rather there cannot be an equal income policy or an equal income policy is not desirable. What is desirable is an equitable income policy that is the income of a person should be in proportion to the inputs in terms of education, effort, expertise etc. In an ideal world this may be possible. But since the world is not ideal we have inequity in income distribution. Within manageable limits it can work. In India as in many other countries the gap between the rich and the poor has been widening over time and this has serious repercussions for social stability. This is one of the factors that fuels divisive tendencies such as Naxalism in India.
By
Azhar Kazmi, Professor, King Fahd University of Petroleum & Minerals
| 04 25 2010 18:20:46 +0000
In my opinion, in general, poor people and middle class people are not getting their butter against their hard work. Whether it is in government or private, corporate or public limited. This is due to whim and fancy of the management and the mediator who are all nearest and dearest management and the H.R department. Who take advantage of act by cutting down the employees share. Management has to look in to facts and figure and keep only the hard, smart, prompt and educated/well experienced person in their committee, who balance both way not make lose either management or the employees. So prompt and neat distribution will definitely beneficial for both.
By
Raghotham R, Materials Manager, M/s.Karle Group of Companies, Bangalore.
| 04 25 2010 13:24:54 +0000
We do not have equivalent distribution of income policy in our country. Further, in India we have concentration of economy in single hand. As a result the rich becomes richer and the poor becomes poorer. Moreover, in India we have mixed economy where the number two business & black money plays the dominant role. How we can expect uniform distribution of income and not possible in the near future. We do not know about future. Thanks for the referral Mr.Manoj Chaturvedi.
By
NATTERAJA R. ARIKRISHNAN, GM-Projects, Bentec Electricals & Electronics Pvt. Ltd
| 04 25 2010 10:09:46 +0000
No.
By
Niladhwaj Bhattacharya, Marketing Engineer, KFB Group of Companies, Saudi Arabia
| 04 25 2010 08:30:31 +0000
Yes, this is an ill that goes with free market economy. The State should ensure that the gap between the poor and rich doesn't go beyond untolerable levels as is happening now. ---------------------------- Yes, it is impossible to assure equal income but an equitable income is very much necessary.
By
M. Prabhakar Rao, Green Consultant: Green Buildings, LEED Certifications, GreenGuard, Energy Star, GreenCo Certifications, Energy Audits
| 04 25 2010 04:35:44 +0000
Actually it is impossible to have equal income distributions...because there are many regional, social, statistical as well as Geographical reasons in our country in addition to the comments given above..
By
Nilay Oza, Software Developer, Logical Solutions
| 04 25 2010 04:29:37 +0000
Absolutely no. Because the result itself is clear that rich becoming rich and poor is becoming poor day by day. Disparity is like anything. Rich is spoiling the money for so many unwanted things and poor are starving. The Government should work on a policy which makes distribution proper.
By
Krishna Bhardwaj, Lyrics Writer, Freelancer
| 04 24 2010 14:51:47 +0000
How possible ? Look to the ground realities : -- So many bright students could not even enter colleges for want of money -- So many 'drop-outs' in schools - children are forced to earn for themselves and their families -- So many 'human'-trafficing' in India - all for poverty ... etc ... etc. Students with tender minds may take steps in future at least to lessen the wide gap between the poor and rich. Equal Distrubition of wealth and income is equavalent to "Socialism" which may remain a distant dream.
By
ASOKE KUSARI, Domestic Private Banking-Executive/Manager, A large leading PSU Bank - India
| 04 24 2010 12:51:13 +0000
No there alot of gap between rich and poor majority of people sleep hungry
By
govind agarwal, Freelancer, Freelancer
| 04 24 2010 08:29:57 +0000
No not at all. If you see maximum people in India belongs unorganized sector and many of them are not able to earn their food even.
By
sanjay kumar mangal, IT , TATA Group Co.
| 04 24 2010 03:17:38 +0000
The income distribution is not standardization of salaries. The government should utilize the income to provide equal benefits to the citizen. The government is a governing body and actions are taken by man. here we have very good policies introduced by government but due to the corruption, proper implementation is not done. The solution is we should eliminate the corruption from the country. Other wise what I see one way to implement this is to follow Jesus. He said sell all your properties and distribute among the poor. I don't think it is possible at 21st century. But we can do some thing similar to this, provided the government is securing the citizen. " Spent the whole you earn every month and enjoy life. So you enjoy the value of the money and same time it reaches the others to enjoy them self. Let us pray for this to happen in 21st century.
By
George Varghese, Proprietor, Jecyees
| 04 24 2010 00:56:54 +0000
Absolutely not...In india rich people are becoming richer and poor becoming poorer.Where there is so much of corruption we should not expect the same also.Allocation of fund is not properly used and people are more focus in building up there bank balance....
By
subrata kumar, BD Manager, Unitech Wireless
| 04 23 2010 16:58:49 +0000
There is lot of discrimination b/w different income group people which has led to indifference attitude n henceforth lack of cohesiveness.So one needs to take necessary steps to eliminate this kind of behavior
By
Kanwar Deep Singh Uppal, Business Partner, Verizon Communications
| 04 23 2010 16:35:33 +0000
Most of our current policies are towards providing gainful employment for providing livelihood and not aimed at equitable income distribution. However one should note Government alone cannot be blamed for the current situation. It is not just the Government Policy alone it is the mentality of our people that is mainly responsible. Take for example our Marriage ceremonies. We spend lot of money for entertraining guests during marriage and similar other family functions. No doubt such functions will help distribution of income. You will spend say Rs 5 Lakhs for a marriage and catering business, flourists, event managers, decorators textile, garments, jewellers get business. At the same time at least 100-200 people get employment for the day. So your Rs 5 lakhs spend gets distributed to at least 10 business establishments and 200 people get employment. But then from where you get money for spending. You would be spending your entire lifes savings for the sake of getting your daughter married or for your sons marriage. What will you do for your life after that. Similalry people spend money on relegious rituals, temples Astrology and Astrological solutions thinking that all your problems get solved by following these practices. All such habits result in making you poorer and the Rich richer. I remember during Lal Bahadur Shastry's time there was a rule to restrict parties to 50 persons. But now People invite 500-1000 people for marriage and such family functions and spend all their savings. Such spending also increases curruption. To earn money for such spending people will start looking for earning avenues and may resort unethical means of earning. Unless people lead simple life and follow honest means to earn government policy alone may not work.
By
K LAXMINARAYANA RAO, Freelancer
| 04 23 2010 14:23:47 +0000
NO. The rich are becoming richer and the poor are becoming poorer. The middle class is struggling to stay afloat and is desperately trying not to sink into the "poor" section. Bringing up the level of the poor needs massive investments in areas like infrastructure. Also possibly increasing the scope of the mid-day meals at schools - that is instrumental for a steep increase in school attendance.
By
V. Srinivas, Freelancer, Information Technology
| 04 23 2010 14:03:13 +0000
In India, the income distribution is not proportionally allocated among the entire population. However, this situation could be remedied to some extent by having appropriate governmental policies which take into account all the inequities existing among the various classes. However, in a free market economy, it may be up to the members to create more wealth and income. However, in order for this to happen, initially all the members should have an equal platform. Thus, if the income distribution policies are uniform, then there is a level playing field and members who are more astute may be able to do better. But the big question is -- Is it easy to create a uniform income distribution policy for all the masses and even if it is created can it be feasibly followed appropriately under all circumstances....This may be a moot point that cannot be easily resolved...In advanced countries, there may be a semblance of a uniform income distribution policy but there still is a big divide between the rich and the poor, even in these countries. Then another aspect to be noted is how are the rich and the poor defined. The definitions of rich and poor will vary by country and by time. What was rich earlier may come under the category of poor later if the country progresses rapidly to a higher level of living standards.... Thus, it may not be very important to focus strictly on a uniform income distribution policy. Rather, it may be better to have an appropriate income distribution policy which needs to be implemented more effectively in order for the benefits to reach all the masses.... Thanks for the invite, Manoj....
By
Badri N Srinivasan, Head - Quality, Valtech India Systems Pvt. Ltd.
| 04 23 2010 13:43:42 +0000
Manoj you are right. If we want equal distribution of wealth, the secretive transactions and and number two transactions taking place must be eliminated. For this the currency has to be demonetized. Instead introduce Biometric Smart Card linked transaction tracking and make public all transactions. No one can amass wealth the wrong way. Prices will fall and level playing field can be created. More people will have access to resources and more money circulation can be there. The gap between the rich and the poor which is widening now can be reversed and narrowed.
By
Kris Dev, CEO/MD/Director Life Line to Business
| 04 23 2010 11:05:43 +0000
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