Thursday, April 12, 2007

Inequality of Income in India

These BSchool Grads are earning lot lot money. One person offered more than crore per month. Udi Baba! What will he do to deserve that much? I don't know. I earn one thirtieth of that amount. That is, (= i.e.,) his salary divided by 30, and that amount approximately. And I often think what I do ever, I mean what ever I do, I not deserve my salary. That man also got 24 hour in day. Woman also same case. Work that person do only 8-9 hour. Per hour that person (bole to he/she) earn more than 3000 rupees. Again Udi Baba! This is ridiculous. So much for decision making, which assistant make...haha...and not even every hour...most time spent on hifi chatter boxing...And other incentive also they get...like sexy secratry or secratraa...for timepassing.

Salary normalization must be there na...isn't it? Hugely huge inequality of income in this country. Look farmer suiciding becoz not getting enough to eat and feed family and cow. And this MBA getting more than crore, plus secratry. Something wrong with model, in first place...and second place also...problem with capitalism...it success in poor country only at the cost of poor people...poor becoming poorer, rich richer...and middle income also get richer...finally poor wiped out, and country is all rich...but that is not the right way to grow na...it is like telling poor people ki u r burden on country, we not need you...but the fact is, they are poor becoz the rich deprive them of resources for their own benefit and to improve their own standard of living and dying...

When I was small, I read in book - Inequality of income is bad and is problem in India. Now it is getting bigger Seriouser problem. Solve how? By more responsible economic desicions by Corporates and Govt at the same time. 9% GDP growth is like growth in heap of shit if only small segment of population enjoying its benefits and large poor people still poor and poorer. Growth is inevitable. But we need to grow in right manner. It is easy to get carried away at this stage by sheer numbers. But unless we interpret them the way they ought to be, they drift us in wrong wrong directions.

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