Why 9:1 Ratio between maximum & minimum Salary/Pension being demanded by ‘BHARAT PENSIONERS SAMAJ’
Ironically in India where the poor are struggling to breath with just Rs
27.2 a day in rural areas and 33.3 in cities. The net worth of the
billionaire community increased 12-fold in 15 years, enough to eliminate
absolute poverty in this country twice over. In a telling comment, the
International Monetary Fund managing director Christine Lagarde warned
that income inequality is increasing dangerously.
Inequality is a sociological construct. Larger income/wealth Inequality
breeds discontent, inefficiency, corruption & finally the revolt
which is now creeping up in the shape of Maoism & Naxalism. India
can ignore this only at its own peril. What is worrying is that the
monthly per capita consumption expenditure of the top 5% of the rural
population is nearly nine times that of the bottom 5%. Where as In
cities and towns, the average consumption by the top 5% of the
population has gone up dangerously to 14.7 times that of the bottom
5%.(latest report of the National Sample Survey Organisation on people’s
spending patterns).
As an immediate measure to contain & to bring inequality at least
to rural level. Ratio of 9:1 between maximum & minimum Salary is
being demanded which is feasible in the present economical scenario of
the Country.
Source: www.scm-bps.blogspot.in
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