Mains Question:
Q1. “India needs to free itself from the shackles of income inequality so as to ensure prosperity across all economic classes.” Discuss in the light of India’s experience. (150 words)
Approach
- Introduction- income inequality in India
- Mention findings of recent reports (World Inequality Report WRI 2022)
- Impact on economy and society
- Economic challenges (loss of job opportunities, an erratic unorganised sector, rising poverty, inflation etc.)
- Required measures
- Conclude accordingly