We should not decry sops for some sections and uphold the same for others in a country of sharp disparities
Let us digest some numbers. The bottom 50% of India’s population claim 13% of total income, and the middle 40% take another 30%, while the rest goes to the top 10%, of which the top 1% laps up 22%. On wealth, the picture according to the World Inequality Report looks like this. The bottom half has 6% of total wealth, while the middle 40% has 30%. The balance 65% is held by the top 10%, of whom the top 1% have 33%. This is the state of distribution of income and wealth as per the latest data. In such a situation, what is a government supposed to do?