: Are India’s elite abandoning the country’s poor and vulnerable? #IndiaNEWS Amidst all the talk on two Bharats, are we seeing a time horizon where India’s elite may abandon the country’s poor

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Are India’s elite abandoning the country’s poor and vulnerable? #IndiaNEWS
Amidst all the talk on two Bharats, are we seeing a time horizon where India’s elite may abandon the country’s poor and vulnerable?This is a question I have been contemplating about for a few months now. My curiosity peaked days after the recent Union Budget was presented: in an analysis of the document I argued that the current government macro-fiscal priorities appear to be blindly indifferent and/or ignorant of India’s poorer, unorganised citizensFor more evidence, see the below-par outlays announced for essential social development priorities in areas of healthcare, nutrition schemes for children and Mahatma Gandhi National Rural Employment Guarantee Act along with a massive cut observed in overall revenue expenditure, all, in the quest to boost growth at all costs.Putting the nation on a high growth trajectory is of course critical, especially when India’s real growth has been low each successive year over the course of the last seven or eight years. But the quality of growth, and the processes we set in motion for its distribution also matters.For some time now, the social and economic safety net of the poor and vulnerable across India has been gradually eroding. At the same time, upper-corporate-wealth-endowed (or dependent) classes continue to thrive on waves of profit maximisation even during...Read more

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