Why inequality in India is at its highest level in 92 years

Date: September 12. 2017

Source: BBC

In the article it’s told how the growth of the Indian economy has been a very prosper one, and nowadays it’s still increasing. The fact the this increase it’s happening it may be misunderstood as the growing enrichment of the country as a whole. The case it’s that the development it’s only being held by the rich percent, which it’s a 10% of the total population in India.

India it isn’t the only country with this increasing inequality among the citizenship, countries such as Russia and China, this last one decades ago, are also in the same circumstances. This inequality is usually developed in countries in which the move from the more conservative and straitlaced economies to the more liberal and ‘market’ economy. But it’s also true that this inequality its tending to increase all over the world due the globalization, even though there are countries that are trying to resist this trend.

What shocked me the most about this article it’s actually the causes that initially made all this inequality possible since I knew beforehand the current economic situation in India.

LINK: http://www.bbc.com/news/world-asia-india-41198638