On Bharat Bhagya Vidhata, Sharad Yadav, the current MP from Madhepura constituency in Bihar says current economic policies are not geared to reduce vast income disparity despite India being a resource rich nation. Growth is not happening because of poor water management.Zee Research Group/ Delhi
New Delhi: Sharad Yadav says that India has all the necessary resources to deal with country’s innumerable challenges but lacks effective planning. Not surprisingly, even after six decades of independence, the rich are getting richer and the poor are getting poorer.
The national president of JD (U) in an exclusive Zara Hat Ke chat with Zee Media guest anchor Ashutosh Rana dwelt at length on India’s gloomy income disparity and made a fervent appeal to focus on policies keeping Indian realities in mind.
According to the Planning Commission report on poverty estimates, at all-India level in 2011-2012; BPL (Below Poverty Line) population was 21.9 per cent (almost 270 million). This means every fifth Indian lives below the poverty line. On an all-India basis, there were 217 million poor in rural areas and 53 million poor in urban areas in 2011-12, as against 326 million and 81 million, respectively, in 2004-05.
Also as per the World Bank estimates, India now has a greater share of the worlds poorest than it did thirty years ago. Then it was home to one fifth of the world`s poorest people, but today it accounts for one-third – (400 million).
“The government’s economic policies have failed to end income disparities,” lamented Yadav on Zee Media.
“Our country has huge water resources but the resources have not been utilised logically. Further we have not been able to uplift the agro based industries. Irrigation and water management system in the country remains poor,” added Yadav.
Yadav averred that politicians are only interested in making such policies which can improve their electoral performance.
“Caste- based violence and vote bank politics in the name of caste and creed have led to the ever growing disparity,” said Yadav on Zee Media.
“Ever rising population is yet another factor behind rampant poverty,” mourned Yadav.
Yadav, however, has a different take on the just passed Food Security Bill as a measure to redistribute resources to the poor.
“There are lots of flaws in the Food Security Bill and it will never reach to the poor,” opined Yadav.
Corruption is eating into India’s growth thereby perpetuating poverty. Supporting the view, Yadav told #bbv, “Indian politics is based on family politics and corruption at every level has worsened the situation.”
Offering solutions to check the problem of economic disparity in India, Yadav in his Zara Hat Ke #bbv interview said, “The need of the hour is to end the social disparity and caste based politics. We shouldn’t blindly ape the west in economic policymaking. In other words, economic policies should be made keeping Indian realities in mind.”
(The show airs on Tuesday@10 pm)
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
Cookies Setting
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device and the processing of information obtained via those cookies (including about your preferences, device and online activity) by us and our commercial partners to enhance site navigation, personalise ads, analyze site usage, and assist in our marketing efforts. More information can be found in our Cookies and Privacy Policy. You can amend your cookie settings to reject non-essential cookies by clicking Cookie Settings below.
Manage Consent Preferences
Strictly Necessary Cookies
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work or you may not be able to login.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Targeting Cookies
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They are also used to limit the number of times you see an advert as well as help measure the effectiveness of an advertising campaign. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we may not know when you have visited our site, and may not be able to monitor its performance.