Monday, August 21, 2006

Time for India to Reduce inequality

Every year the income inequalities gap between the rich and the poor gets bigger India. Between the years 2000-2005 the Poverty Redution Stratedy paper showed that the upper 40% gained while the lower 60% lost. This survey also showed that rural areas income inequality didn't really change over the past five years, however the income inequality gap in urban areas increased over the years.
They believe whatever is causing this gap should be a concern to all, it's also strange how a country prosper in economics in a whole, however individuals within such countries suffer dramatically. They also believe such inequalities could be dangerous because the poor is being limited on certain resources due to thier government. Such things could lead to a social collapse, if things such as this is ignored.Such countries are now in the process of solving this problem. They are adding more social programs such as job fairs, and higher educational programs.
I think it is sad such income inequalities still exsit in the world we live in today. It like this will seems like their is unlimited resources, and such gaps shouldn't exsit due to that. I believe problems like this will never be solved unless we as a world stop being self-centered and unite together some way to make the standard of living better for some people.

Latoya Alexander


Source: Bardhan, Pranab. (2006) Time for India to Reduce inequality. Retrived August 17, 2006 http://web.lexis-nexis.com/universe/document?_m=73936fde7284dcf21b371fa9a4cda6fb&_docnum=6&wchp=dGLbVzz-zSkVb&_md5=4da6fbab6a9d6529c1de5b706781b61f.

No comments: