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 3.3 in
cities. The net worth of the billionaire community increased 12-fold in 15
years, enough to liminate 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
