Q. Show the Redistribution Policy?
We know that despite policy interventions the disparity of income has been increasing in nearly all the countries. United States is highly unequal and becoming more so. So in our country several factors have been responsible for it. Important ones being free trade and immigration which effect mainly the lower income workers and technological progress creating a premium on skill differences. Though none of these seem quite adequate. Rapid rise in the income of chief executives compared to others have been quite alarming. Literature is extensive on the effects and impacts of income in qualities, political propaganda against inequality has been quite dramatic but the indeterrent is reverse. It may be expected that something disturbing may emerge as we can, observe the shifts in bases. In the name of social justice, economic inequality was undermined, these case cast or ethnic inequality, however, the trend which is emerging is to stick, under pressure of various self interest groups, to go for almost abandoning the concept of inequality. In Indian political economy we desire that equality prescriptions have started accepting inequality for political benefits. The separation of creamy layer in reservation, consider it is aimed at equality of opportunity, is being attempted to be ruled out for the reasons one can guess.