The Great Indian Economic Divide

(Speech 5-7 min)
It’s with a big smile that we say that four Indians appear in the Forbes ten richest people in the world………
Hello fellow beings…. Its shame and not smile that we should have while reading this news. We should be shameful on the fact that a very small percentage of people occupy the lion share of wealth of India .In precise terms the bottom 50% of the people occupy just 8% of the nation’s wealth.

In a video game, which is a simulated version of life, the levels get tougher as we move on. In contrast, in real life it’s so difficult to start with but when you have some substantial riches it’s quite easy to further it. If the design of video games keeps the gamers addicted, the real life breeds frustration.
I suggest two modes of efforts of getting over this faulty design of real life gradually. One - governmental efforts; two- efforts on personal front.

On the governmental front, education- of same quality should be provided to all. Otherwise, the result will be decided even before the game starts. Analyzing the educational aspect, I stumble upon another point. In all the examinations students are set a maximum mark that they can achieve say 100 out 100.But when it comes to wealth accumulation there is no such upper limit. As a second step government should enforce an upper limit on the wealth accumulation to get over the defaulted system of capitalism. In fact, capitalism is a funny concept. Let’s imagine that Somesh comes up with an invention of a car that runs on water –no petrol, no diesel. I have nothing against Somesh getting richer as he gets his idea patented but I am troubled at the fate of an average man who would have spent his life’s earning to buy the existing petrol car. Innovator should be rewarded appropriately only. The government can reduce the period of patent towards this.

In the personal front, we should resist ourselves from extravagant consumer behaviourism and also we should withhold from promoting it in others. For instance, when we say the tie of Naveen looks great, it create a temptation in him to buy more thus aiding unscrupulous spending. I understand that it takes out a big topic from the small talk but it reduces unreasonable spending. Moving from resistive to proactive actions we should promote entrepreneurial urges among ourselves. We need enterprises of maximum 10 employees and not companies of 1 lakh employees for even distribution of wealth.

These measures of providing equal education, having an upper limit on wealth accumulation, patent controlling from the government side and individual restrain from promoting consumer behaviourism and actively indulging in entrepreneurial efforts can help us refrain rich getting richer and poor getting poorer. This is absolutely necessary in a country where some does not have the income for even a day’s meal when the Forbes’ kings celebrate their wife’s birthday by presenting an aircraft. This huge economic divide if not controlled will lead to unrest and agitation from the aggrieved section. This huge economic divide if not controlled will not allow us to eat even an ice cream in brigade road-there will be people to snatch it away from us. This huge economic divide if not controlled will make us witness blasts,blasts and more blasts.Hence,it's our responsiblity ,our government's responsiblity to see that this huge economic divide is effectively controlled.

Over to you !!!!!! ……………..

(Project 2 of CC)