disparity in income-a worrisome trend

https://www.dailypioneer.com/2025/columnists/disparities-rising.html This trend of ‘premiumisation’ has seen brands pivot towards offering high-end, upgraded products that cater specifically to the rich. For example, ultra-luxury housing and premium smartphones are experiencing surging sales. In contrast, lower-priced alternatives are struggling. Affordable homes now represent a mere 18 per cent of the overall market. Moreover, the booming ‘experience economy’—evident in the rapid sell-out of high-priced concert tickets for international artists like Coldplay —further illustrates the evolving consumption pattern that favours upscale offerings over mass-market products. A critical dimension of the report is its analysis of income inequality in India. The long-term trend of widening disparities has been stark. The top 10 per cent of Indians now control 57.7 per cent of the national income—a dramatic increase from 34 per cent in 1990. Conversely, the bottom 50 per cent have seen their share decline from 22.2 per cent to just 15 per cent. The affluent continue to prosper, while the majority of the population grapples with stagnant incomes, diminished savings, and mounting debt. The situation is particularly alarming for India’s middle class. The report reveals that the middle 50 per cent of India’s tax-paying population has experienced income stagnation over the past decade. The situation is alarming as financial savings are nearing a 50-year low. The insights from the report paint a sobering picture of the Indian economy. While the nation boasts rapid growth in certain sectors and an expanding base of emerging consumers, the benefits of this growth are unevenly distributed. The government must focus on strategies that not only promote growth but also ensure that economic gains are more broadly shared. Investments in education, upskilling and initiatives to revive the middle class’s purchasing power will be crucial in steering India towards a more balanced and inclusive economic future. more  

I agree. Have-nots have multiplied after the lockdown, while wealth of haves has grown! Exploitation will increase, with the latter wanting to retain control, with their leverage, especially being on the right side of the digital divide. Example being the education, especially since last 2 years pandemic since when the government ordered school shutdown. What about the mid-day meals, in person schooling for the beneficiary students, or simply the poor! New Education policy announced last year may be new, but what happens when the policy's delivery means, the educational institutions, are shut! Clever tokenism by government! Not a single casualty from Covid the world over, among students, but millions now seeing themselves wasting their lives when they should be attending schools. India imports western computerisation concept, but what about the developed world's vision keeping the school open! Without being educated, demographic dividend turns into a disaster. No infrastructure setting up was necessary, only continuing the existing teaching and learning could happen with with proper precautions as social distancing. Education may please be treated like an investment! more  

Reintroduce Wealth Tax under Article 39 b and c Honouring 38 ( 2 ) for removing Economic inequalities. Disallow IT Exemption on Agricultural Land of above 5 Acres . Ban unnecessary Freebies Subsidies Grants Promoting Education and Earning. more