India is of course on the growth path! But the growth is limited to a minority of millionaires and billionaires. 90% people are not part of this big growth.
According to a report of the Credit Suisse Research Institute published, India has more than 2 lakh dollar millionaires now, which will be doubled to 403,000 by 2016. All these are having more than $ one million assets and the total come to $2.5 trillion.
At the same time, crores of people in India itself is living under Rs.32/ per day. The Planning Commission has shamelessly reduced the poverty line to Rs.26 in rural and Rs.32 in urban areas so as to deny any relief to these poorest section of people.
This Himalayan inequality is the creation of the neo-liberal policy being aggressively persued by the Government of India.This government has become insensitive to the poverty and sufferings of the poor in the country.
A strong movement is necessary to expose and defeat this anti-worker policies.