Adhir Ranjan Chowdhury flags 'stark disparities', bats for job creation to emerge as developed nation
The Hindu
He said 10% of India’s population controlled 73% of the total wealth, while 73% of the wealth created in 2017 gravitated towards the wealthiest 1%.
Congress leader Adhir Ranjan Chowdhury on September 19 flagged the "stark disparity" within the country in the form of wealth creation and said bridging it will be the crucial challenge in achieving a 'developed nation' status.
Addressing a function in the Central Hall of the old Parliament building, Mr. Chowdhury said India ranked 131st among 189 countries on the Human Development Index.
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He said 10% of India's population controlled 73% of the total wealth, while 73% of the wealth created in 2017 gravitated towards the wealthiest 1%.
Mr. Chowdhury said 670 million people in the country saw their wealth increase by 1% in 2017.
"This stark disparity presents a crucial challenge in ensuring that millions living below the poverty line have access to fundamental necessities such as food, shelter and healthcare – a prerequisite for moving towards a developed nation status," Mr. Chowdhury said.
Vice President Jagdeep Dhankhar, Prime Minister Narendra Modi, Lok Sabha Speaker Om Birla, Union ministers Piyush Goyal and Pralhad Joshi and Leader of the Opposition in the Rajya Sabha Mallikarjun Kharge were present on the dias at the function.
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