Poor-Rich gap growing in India

The gap between rich and poor is widening in India. Reference. Why?

Higher the taxes, greater is the gap between rich and poor. The rich can show income abroad or tax free zones. So actually most taxes are paid by middle-class making them poor.

India needs to reduce taxes. Then only the gap can be narrowed. Reduction of taxes, has to accompanied with reduction in subsidies. Otherwise, inflation will rise.

To reduce the gap between rich and poor, India needs to

• Reduce taxes
• Reduce subsidies
• Privatize massively to stop leaks and bring in efficiency
• Reduce reglations that clog the business

Just broom and building toilets will not solve the problem.