South Asia The rich vs poor divide: How bad is India's income gap ranking?

[Krishna with Flute]

We are going round and round with you stating the same inaccuracy again and again.

Seems you have a comprehension issue about the poor getting poorer - they are NOT GETTING RICH. Life for the poor in India (bottom 50% of all wage earners) is getting extra hard with lowered income. Numbers don't lie.

Here is the quote from the article,


Can you read? Do you understand the GINI Index? Some reading will be necessary.

If we by your logic, Russia, China and North Korea are economically batter than US as these countries have lower income disparity than US. However, if any news related to India, it is your holy duty to be anti India no matter to what extent you have to be illogical and nonsense. The fact of the matter is that we have almost removed hunger poverty and our richs are becoming richer and more and more of our population is getting post poverty amenities like houses, medical facilities, gas, electricity and other. Keep posting anything. Your country is still dependent on IMF, Indian line of credit and US aid. Your country is not self sufficient in even food grain. So keep bluffing anything from one hand and keep asking for food grain on other hand. That is your present and that will be your future.

 

[Bilal9]

If we by your logic, Russia, China and North Korea are economically batter than US as these countries have lower income disparity than US. However, if any news related to India, it is your holy duty to be anti India no matter to what extent you have to be illogical and nonsense. The fact of the matter is that we have almost removed hunger poverty and our richs are becoming richer and more and more of our population is getting post poverty amenities like houses, medical facilities, gas, electricity and other. Keep posting anything. Your country is still dependent on IMF, Indian line of credit and US aid. Your country is not self sufficient in even food grain. So keep bluffing anything from one hand and keep asking for food grain on other hand. That is your present and that will be your future.

Not trying to be anti-India. Just trying to uncover the TRUTH.

Godi Media propaganda has fooled nearly everyone in India because they don't see the economic basics, which is because the Modi Govt. is hiding and manipulating data.

Read and see the videos here. One by RN Bhaskar should explain everything on how unequal India is. He says that barely 10% of the people in India are well-to-do, the rest don't even have half the income of countries in Sub-Saharan Africa.

South Asia Post in thread '100 crore Indians have no extra money to spend: Report'

Apr 17, 2025

All Indians should watch this Video by noted Indian economist Mr. RN Bhaskar. It is an eye-opener against Godi Media propaganda.

• Bilal9

• 

 

[Krishna with Flute]

Not trying to be anti-India. Just trying to uncover the TRUTH.

Godi Media propaganda has fooled nearly everyone in India because they don't see the economic basics, which is because the Modi Govt. is hiding and manipulating data.

Read and see the videos here. One by RN Bhaskar should explain everything on how unequal India is. He says that barely 10% of the people in India are well-to-do, the rest don't even have half the income of countries in Sub-Saharan Africa.

South Asia Post in thread '100 crore Indians have no extra money to spend: Report'

Apr 17, 2025

All Indians should watch this Video by noted Indian economist Mr. RN Bhaskar. It is an eye-opener against Godi Media propaganda.

• Bilal9

• 

What you do not understand is that when a country grow richer, Richs become super rich and poor comes out of poverty line. However, the gap between poor and rich will always grow. In poor countries like Pakistan , BD, Somalia etc. Rich and poor gap always be low as almost whole population is either poor or middle class. There is no Ambani or Adani in BD whose net worth is trying to touch 200 bn USD. Whole BD stock exchange valuation shall be 1/4th of net worth of Gautam Adani (Yes, Adani individual and not Adani group). So in poor and communist countries, difference between rich and por shall always be low and not high.

 

[Bilal9]

What you do not understand is that when a country grow richer, Richs become super rich and poor comes out of poverty line. However, the gap between poor and rich will always grow. In poor countries like Pakistan , BD, Somalia etc. Rich and poor gap always be low as almost whole population is either poor or middle class. There is no Ambani or Adani in BD whose net worth is trying to touch 200 bn USD. Whole BD stock exchange valuation shall be 1/4th of net worth of Gautam Adani (Yes, Adani individual and not Adani group). So in poor and communist countries, difference between rich and por shall always be low and not high.

This is a joke right? Adani is a huge fraud. Just because he is a Gujarati like you, you should not support a fraudulent businessman. Adani's net worth is around $58~60 Billion, not $200 Billion like Hindutvas say.

Gautam Adani: US charges Indian billionaire with fraud

The Adani Group has denied the allegations of bribery and fraud, calling them "baseless".

www.bbc.com

Gautam Adani Briefly Falls Out Of Top 20 Richest As His Net Worth Spirals After ‘Corporate Con’ Allegations

Adani, who only last week was the world’s third-richest person, has seen his net worth halve in the ten days since his Adani Group was accused of fraud and stock manipulation.

www.forbes.com

He is already under investigation by the SEC in the US.

Just wait a few more months, see what happens. Kahani abhi shuru bhi hua nahi...