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LATEST NEWS UPDATES | Show commitment to equity in the Budget -Aruna Roy and Nikhil Dey

Show commitment to equity in the Budget -Aruna Roy and Nikhil Dey

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published Published on Jan 31, 2022   modified Modified on Jan 31, 2022

-The Hindu

The Government needs to stop India’s avalanching slide into a grossly divided society, made worse by the pandemic

On January 17, 2022, Oxfam International presented its annual global “Inequality Report”. Titled Inequality Kills, the report calculated and presented the quantum growth in wealth of a minuscule few, and the simultaneous impoverishment of millions of working people. During the novel coronavirus pandemic, the report reveals, more than half the world’s new poor are from India; 84% Indian households have suffered a loss of income, with 4.6 crore people falling into extreme poverty. In this period, the richest 142 people have more than doubled their wealth to more than 53 lakh-crore. This is clearly happening by design, and can only be corrected if our policymakers reverse their framework of paying lip service to the poor while making policies that support the rich. One of the most important places to show commitment to equity, is the Union Budget; and inequality should perhaps be discussed threadbare in India before, and after every Union and State Budget.

This is the guiding light

There is also a constitutional mandate to reduce inequality. In India today, some of the most basic human rights that allow people to stay alive are under threat. It is the sacred responsibility of the Government to follow the Constitution, and ensure delivery of these rights. The policymaking “duty” of all governments is to follow Part IV of the Constitution — the Directive Principles of State Policy. The Budget is one of the most important annual exercises in state policy, and it is the Directive Principles that should be a guiding light. In terms of inequality, Articles 38 and 39 mandate a policy path. Among other important principles, Article 38(1) states: “The State shall strive to promote the welfare of the people by securing and protecting as effectively as it may a social order in which justice, social, economic and political, shall inform all the institutions of the national life.” Article 39 (c) states: The State shall, in particular, direct its policy towards securing — (c) that the operation of the economic system does not result in the concentration of wealth and means of production to the common detriment.

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The Hindu, 31 January, 2022, https://www.thehindu.com/opinion/lead/show-commitment-to-equity-in-the-budget/article38350737.ece


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