Sunday, January 14, 2018

1) India figures among countries with rapidly increasing income inequality, a problem that urgently needs to be addressed through systemic transformations. Discuss what systemic transformations are required. (250 Words)

Out of box thinking is required:
1. Systematically increase the direct tax n the percentage of people who are the most wealth generators.  (1% Indians are supposed to hold 53% of the country's wealth(, then systematically decrease it. B doing so, it gives them a lesson, until such money is reinvested for the benfits of the people, it is not doing good for the country
2. Upliftment of the bottom 50% of the country through fast paced programmed rather than long -gestation projects, for e.g. doubling the farmer's income by 2022, is in the sense a fast paced program
3. Entrepreneurship to the poor, by uplifting them through schemes such as MUDRA. But this is not a high ambition.  the ambition should be to generate Steve Jobs, Bill gates out of the talent exisiting in rural India
4. Political will: to achieve the aspirations
5. Visions with strategic intent to reduce the income inequality 

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