सीधे मुख्य सामग्री पर जाएं

Oxfam seeks fiscal policy changes to check high inequalities, provide relief to people

By Bharat Dogra* 

Oxfam India’s just released report ‘Survival of the Richest: The India Story’ has made a strong case for taxing the richest sections to find the resources for substantially stepping up funds for social sector, particularly health and education. Released close to the coming union budget, this report is expected to pitch the budget debate strongly in favor of reducing inequalities.
This case is strong because of two very obvious and important facts to which this report draws pointed attention. The first is the shocking extent of inequality, particularly wealth inequality. If you were earlier surprised by the extent of wealth inequality as pointed out in the World Inequality Report, which stated that the bottom 50% of the population has only 6% of the wealth, the Oxfam report says that the situation is even worse than this with the bottom 50% having only 3% of the wealth. What is worse, the richest and wealthiest sections have been capturing most of the recent growth. The pandemic and its aftermath may have increased the sufferings of the overwhelming majority of people, but this period also witnessed a big spurt in the number of billionaires as well as a huge increase in their wealth, with the biggest increase recorded by the richest among them.
This report points out that the richest 21 Indian billionaires have more wealth than 700 million Indians. Counting from the appearance of the pandemic up to November 2022, the wealth of billionaires in India increased by 121%, or INR 3608 crore per day in real terms (one crore=10 million), or INR 2.5 crore per minute. The total number of billionaires in India increased from 102 in 2020 to 166 in 2022. The wealth of the richest man in India increased by 46% in 2022. Just 5% of Indians own more than 60% of wealth. From 2012 to 2021 40% of the wealth created in India has gone to just 1% of the population and only a mere 3% has gone to the bottom 50%.
The second aspect to which this report draws attention is that while the fortunes of the richest have been going up at such a fast pace, India’s tax system has been becoming more regressive rather than progressive as a much greater share of the taxes are being increasingly collected in the form of indirect taxes than direct taxes. In fact corporate tax was reduced heavily in 2019. The projected revenue foregone by the Union Government in 2020-21 in the form of incentives and tax exemptions to corporates amounted to INR 1,03,285 crore, equivalent to the allocation for implementation of Mahatma Gandhi Rural Employment Guarantee Act (MG-NREGA) for 1.4 years.
Due to these two trends—huge rise in inequalities and increasingly regressive nature of taxation-- the burden is falling more on the poor ( also in the context of the percentage of income going to pay indirect taxes ) while at the same time enough resources are not being raised from those who have the most capacity ( the richest) for important welfare needs of the poor and for overall adequate availability of funds for the social sector. Funding for education and health sectors, for instance, continues to be below even the minimal norms considered desirable internationally.
Keeping in view all this, there is very clear need for taxing the richest sections to raise adequate resources for meeting urgent welfare and development needs. The combined wealth of India’s 100 richest is INR 54 lakh crore ( $660 billion), an amount the OXFAM report says can fund the entire Union Budget ( as per existing estimates) for more than 18 months ( one million=10 lakh). The wealth of the top 10 richest, this report tells us, which equals INR 27 lakh crore or $ 335 billion (a 32% rise from 2021 ), can finance the annual budgets of India’s Ministry of Health and Family Welfare and Ministry of Ayush (according to present estimates) for more than 30 years. The same amount can instead fund the union education budget for 26 years. A one-off 20% tax on India’s richest person’s unrealized capital gains from 2017 to 2021 can potentially raise INR 1.8 lakh crore, an amount which can employ more than 5 million primary school teachers for one year.
As Oxfam India CEO Amitabh Behar says, clearly such a situation of extreme inequalities where extreme distress at the bottom co-exists with escalating fortunes at the top should not continue. According to the government’s submission to the Supreme Court, 65% of the deaths among children under the age of 5 are related to hunger/malnutrition to a greater or lesser extent, Behar points out. A nationwide survey by Fight Inequality Alliance India in 2021 revealed that more than 80% people in India support tax on the rich and corporations who earned record profits during the Covid-19 pandemic.
Keeping in view all these factors Oxfam India has made a strong appeal to the Finance Minister to increase significantly direct taxes on the richest sections to raise adequate resources. More specifically this report has recommended—
  • Introduce one-off solidarity wealth taxes and windfall taxes to end crisis profiteering.
  • Permanently increase taxes on the richest 1%. In particular raise taxes on capital gains. Implement inheritance, property and land taxes, as well as net wealth taxes.
  • Enhance the budgetary allocation of the health sector to 2.5% of GDP by 2025.
  • Enhance the budgetary allocation for education to 6% of GDP.
  • Strengthen rural and government health infra-structure, reduce education inequalities, ensure scholarships to students from weaker sections, ensure legal and adequate wages to all workers.
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*Honorary convener, Campaign to Save Earth Now. His recent books include ‘Planet in Peril', ‘A Day in 2071’ and ‘Man over Machine'

टिप्पणियाँ

ट्रेंडिंग

हिंदी आलोचना जैसे पिछड़ चुके अनुशासन की जगह हिंदी वैचारिकी का विकास जरूरी

- प्रमोद रंजन*   भारतीय राजनीति में सांप्रदायिक व प्रतिक्रियावादी ताकतों को सत्ता तक पहुंचाने में हिंदी पट्टी का सबसे बड़ा योगदान है। इसका मुख्य कारण हिंदी-पट्टी में कार्यरत समाजवादी व जनपक्षधर हिरावल दस्ते का विचारहीन, अनैतिक और  प्रतिक्रियावादी होते जाना है। अगर हम उपरोक्त बातों को स्वीकार करते हैं, तो कुछ रोचक निष्कर्ष निकलते हैं। हिंदी-जनता और उसके हिरावल दस्ते को विचारहीन और प्रतिक्रियावादी बनने से रोकने की मुख्य ज़िम्मेदारी किसकी थी?

ગુજરાતના સ્થાપના દિવસે યાદ કરીએ ભારતના વિશ્વપ્રસિદ્ધ ગુજરાતી પુરાતત્વવિદ્ ને

- ગૌરાંગ જાની*  આજે કોઈ ગુજરાતી એ કલ્પના પણ ન કરી શકે કે વર્ષ ૧૮૩૯ માં જૂનાગઢમાં જન્મેલા એક ગુજરાતી વિશ્વ પ્રસિદ્ધ બની શકે! પણ આપણે એ ગુજરાતીને કદાચ વિસરી ગયા છીએ જેમણે ગિરનારના અશોક શિલાલેખને દોઢસો વર્ષ પૂર્વે ઉકેલી આપ્યો.આ વિદ્વાન એટલે ભગવાનલાલ ઈન્દ્રજી. ૭ નવેમ્બર, ૧૮૩૯ ના દિવસે જૂનાગઢના પ્રશ્નોરા નાગર બ્રાહ્મણ પરિવારમાં તેમનો જન્મ થયો હતો. જૂનાગઢના એ સમયે અંગ્રેજી શિક્ષણની સગવડ ન હોવાને કારણે તેમને અંગ્રેજી ભાષાનું જ્ઞાન ન હતું પણ પાછળથી તેમણે ખપ પૂરતું અંગ્રેજી જાણી લીધું હતું.

Under Modi, democracy is regressing and economy is also growing slowly

By Avyaan Sharma*   India is "the largest democracy in the world", but now its democracy is regressing and its economy is also growing slowly. What has PM Modi's ten years in power brought us? Unemployment remains high. Joblessness is particularly high among India's youth - with those aged 15 to 29 making up a staggering 83% of all unemployed people in India, according to the "India Employment Report 2024", published last month by the International Labour Organisation (ILO) and the Institute of Human Development (IHD). The BJP-led government did not provide jobs to two crore youth in a year as was promised by Modi in the run up to the 2014 general elections.

नफरती बातें: मुसलमानों में असुरक्षा का भाव बढ़ रहा है, वे अपने मोहल्लों में सिमट रहे हैं

- राम पुनियानी*  भारत पर पिछले 10 सालों से हिन्दू राष्ट्रवादी भारतीय जनता पार्टी (भाजपा) राज कर रही है. भाजपा आरएसएस परिवार की सदस्य है और आरएसएस का लक्ष्य है हिन्दू राष्ट्र का निर्माण. आरएसएस से जुड़ी सैंकड़ों संस्थाएँ हैं. उसके लाखों, बल्कि शायद, करोड़ों स्वयंसेवक हैं. इसके अलावा कई हजार वरिष्ठ कार्यकर्ता हैं जिन्हें प्रचारक कहा जाता है. भाजपा के सत्ता में आने के बाद से आरएसएस दुगनी गति से हिन्दू राष्ट्र के निर्माण के अपने एजेण्डे को पूरा करने में जुट गया है. यदि भाजपा को चुनावों में लगातार सफलता हासिल हो रही है तो उसका कारण है देश में साम्प्रदायिकता और साम्प्रदायिक मुद्दों का बढ़ता बोलबाला. इनमें से कुछ हैं राम मंदिर, गौमांस और गोवध एवं लव जिहाद. 

Laxmanpur Bathe massacre: Perfect example of proto-fascist Brahmanical social order

By Harsh Thakor  The massacre at Laxmanpur-Bathe of Jehanabad in Bihar on the night of 1 December in 1997 was a landmark event with distinguishing features .The genocide rightly shook the conscience of the nation in the 50th year of Indian independence. The scale of the carnage was unparalleled in any caste massacre. It was a perfect manifestation of how in essence the so called neo-liberal state was in essence most autocratic. 

रैंकिंग: अधिकांश भारतीय विश्वविद्यालयों का स्तर बहुत गिरा, इस साल भी यह गिरवाट जारी

- प्रमोद रंजन*  अप्रैल, 2024 में भारतीय विश्वविद्यालयों की अंतर्राष्ट्रीय स्तर पर उच्च रैंकिंग की चर्चा रही। मीडिया ने इसका उत्सव मनाया। लेकिन स्थिति इसके विपरीत है। वैश्विक विश्वविद्यालय रैंकिग में अच्छा स्थान मिलने की खबरें, कुछ संस्थानों को इक्का-दुक्का विषयों में मिले रैंक के आधार पर चुनिंदा ढंग से प्रकाशित की गईं थीं। वास्तविकता यह है कि हाल के वर्षों में हमारे अधिकांश विश्वविद्यालयों का स्तर बहुत गिर गया है। इस साल भी यह गिरवाट जारी रही है।

नोएडा में मैन्युअल स्कैवेंजर्स की मौत: परिवारों को मुआवजा नहीं, प्राधिकरण ने एफआईआर नहीं की

- अरुण खोटे, संजीव कुमार*  गत एक सप्ताह में, उत्तर प्रदेश में सीवर/सेप्टि क टैंक सफाई कर्मियों की सफाई के दौरान सेप्टिक टैंक में मौत। 2 मई, 2024 को, लखनऊ के वज़ीरगजं क्षेत्र में एक सेवर लाइन की सफाई करते समय शोब्रान यादव, 56, और उनके पत्रु सशुील यादव, 28, घटुन से हुई मौत। एक और घटना 3 मई 2024 को नोएडा, सेक्टर 26 में एक घर में सेप्टि क टैंक को सफाई करते समय दो सफाई कर्मचर्मारी नूनी मडंल, 36 और कोकन मडंल जिसे तपन मडंल के नाम से जानते हैं, की मौत हो गई। ये सफाई कर्मचर्मारी बंगाल के मालदा जिले के निवासी थे और नोएडा सेक्टर 9 में रहते थे। कोकन मडंल अपनी पत्नी अनीता मडंल के साथ रहते थे। इनके तीन स्कूल जाने वाले बच्चे हैं जो बंगाल में रहते हैं। नूनी मडंल अपनी पत्नी लिलिका मडंल और अपने पत्रु सजुान के साथ किराए पर झग्गी में रहते थे। वे दैनिक मजदरूी और सफाई कर्मचर्मारी के रूप में काम करते थे।

दाँव उल्टा पड़ा: राहुल गांधी के रूप में हम एक साधारण इंसान को नायक होते देख रहे हैं

-  अमिता नीरव  संघ औऱ बीजेपी ने राहुल गाँधी पर जो सोचकर ‘इन्वेस्ट’ किया था, उसके परिणाम गंभीर रूप से नुकसानदेह आ रहे हैं। ये थोड़ी अटपटी बात लग सकती है, लेकिन सोचिएगा कि संघ और बीजेपी ने राहुल गाँधी को जितना गंभीरता से लिया, उनकी संभावनाओं को लेकर वे जितना श्योर थे, उतना तो खुद राहुल और कांग्रेस भी नहीं थी।

બે પુખ્ત યુવક-યુવતીન જીવનસાથી બનવા નક્કી કરે તો સત્તાધારીઓના પેટમાં કેમ ગોળો ચઢે છે?

- બિપિન શ્રોફ   “લવ જેહાદ”! કેવો લાગ્યો આ  શબ્દ?  શું મારુ કે તમારું નાકનું ટેરવું તો ચઢી ગયું  નથી ને? લખનાર અને વાંચનાર બે માંથી કોઈના મા-બાપની કોઈ ગરાશ તો લૂંટાઈ ગઈ નથી ને ? એ તો જેને વીતે તેને ખબર પડે? પરોપ દેશે પાંડિત્યમ! કેમ? ખરી વાત ને? 

बिहार के ऐतिहासिक विक्रमशिला विश्वविद्यालय के खंडहरों की परिक्रमा का रोमांचक अवसर

- सुमन्त शरण  कुछ दिन पहले एक सुदूर ग्रामीण अंचल (पीरपैंती)  से तकरीबन डेढ़-दो घंटे की दूरी पर अवस्थित ऐतिहासिक बौद्ध विक्रमशिला विश्वविद्यालय (के अवशेषों) की परिक्रमा का अवसर मिला। विक्रमशीला विश्वविद्यालय की स्थापना पाल वंश के राजा धर्मपाल ने की थी। 8वीं शताब्दी से 12वीं शताब्दी के अंत तक यह विश्वविद्यालय भारत के प्रमुख शिक्षा केंद्रों में से एक हुआ करता था। कहा जाता है कि यह अपने कुछेक अत्यंत अनूठे नवाचार के चलते उस समय नालंदा विश्वविद्यालय का सबसे बड़ा प्रतिस्पर्धी था। हालांकि, मान्यता यह भी है कि अल्प अवधि के लिए दोनों विश्वविद्यालय के बीच शिक्षण एवं प्रबंधन के क्षेत्रों में घनिष्ठ पारस्परिक संबंध एवं शिक्षकों के आदान-प्रदान का सिलसिला भी रहा था। यह विश्वविद्यालय तंत्रशास्त्र की पढ़ाई के लिए सबसे ज्यादा विख्यात था। इस विषय का एक सबसे विख्यात छात्र अतीसा दीपनकरा था, जो बाद में तिब्बत जाकर बौद्ध हो गया। इसके प्रथम कुलपति ज्ञान अतिस थे।