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Another reasons for inequality can be :- 1. Colonial mentality of growth - where growth is restricted to some regions. 2. Mineral rich states have not been able to provide prosperity to local peoples ---- more supply of labour ------ as a result less income --- creates inequality. 3. Lack of investment in labour intensive sector. 4. Government job mentality - Government jobs are inherently less paying job. 5. Import dependency - No job creation for local peoples. 6. Lack of incentive to innovative and entrepreneurial mindset - no new asset creation. Sir are my points worth mentioning.
Some more reasons of rising inequality: 1. Distorted political discourse - poor being fed with freebies and rich being helped with desirable policy changes. 2. Weak societal order based on caste and economic hierarchies - weakening social mobility. 3, Lack of innovation and minuscle public expenditure on R&D. 4. Youth running after employment than being an employer. 5. Over golrification of government jobs.
Solution for Income inequality can be 1. Creating Manufacturing hubs where large scale employment is created leading to growth of the region 2. As 60% of Population engaged in agriculture, Agriculture should be modernised by means of providing targeted Skills and knowledge to farmers 3.Creating dozens of Cooperative societies like Amul promoting large scale exports of horticulture products 4.Biotechnoloy should be promoted and govt should do logical and limited experiment with modified crops 5.Govt should invite foreign companies to provide required skilling in certain areas 6. Corruption should be addressed and all these schemes and programmes must be strictly implemented. 7. The NEP is assertive policy and expected to yield marvellous results ..It should be implemented ASAP to create human capital from school itself 7 Govt should increase the Capital expenditure and reduce the revenue expenditure by privatising the non essential and loss making industry to give those sectors a better push such as Govt should privatise the Cleaning process, waste management in India,i guess it will be strict and people will fear creating more trash
Rising inequality can also be attributed to prevalent societal structure manifested in form of patriarchy and hierarchial caste system that restrict the mobility. As Former RBI Governor Raghuram rajan pointed out religious orthodoxy and economic growth can never go hand in hand.
Reasons for persistent inequality in India: 1. Low public expenditure on health and education 2. Targeted affirmative action not yielding expected results, 50 pc STs and 33 pc STs remain multidimensionally poor 3. Lack of effective redistributive measures like wealth tax 4. Gender dimensions - low LFPR of women at 37 pc , gender pay gap and unpaid household labour 5. Climate change and EWEs are rising and they cause disproportionate impact on the poor, like displacement, loss of homes etc
Sir I feel that instead of trying to bring the people from the agricultural sector to manufacturing sector , the government must focus on fostering the revenue generated from agricultural sector considering the population growth . The incentives drive the people to take up the agricultural sector, leading to mass production of food and cash crops . through which exports and GDP share will increase . The unemployed youth should be driven towards the agricultural sector making it a respectable profession. The Govt must balance all three sectors in terms of GDP share by providing incentives like. 1) Providing Farm Loans ( Primary Sector ) 2) Encouraging Entrepreneurship by providing loans like Mudra loan for MSME (Secondary Sector ) 3) Providing PF and Medical Security ( Service Sector) All three Sectors must prosper for a country's economy to prosper.
1 Baised govt policies, overexploitation of 1 section of People at the cost of others 2. Providing excessive freebies, making people reluctant to work 3. Lack of modern thoughts with the changing world 4. Poltical parties caste based politics 5.lack of incentivization of merit
Other reasons of inequality - Regressive direct taxation policy- exemptions,low corporate taxes etc. Loopholes in taxation systems exploited by rich corporates to hold on to profits . Eg- BEPS
Other Reasons for inequality: inadequate implementation of govt schemes that promote inclusive development (due to middle men ) Increase in consumerism in the newer emerging middle class that discourages any asset creation and there by capital formation
Other reasons can be : The market in reality hasn't been open to all. The difficulties in entering and exiting market is difficulty, leading to market capitalisation by few and leading to inequalities.
Reason for inequality is also due to caste system in india ...as certain jobs are fixed for certain caste.for eg-manual scavenging is done by people of lower caste only
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Please keep a little short, 1:40 hours is very long time
Don't look it at ur comfy perspective , it's worth it
Yes exactly
Another reasons for inequality can be :- 1. Colonial mentality of growth - where growth is restricted to some regions.
2. Mineral rich states have not been able to provide prosperity to local peoples ---- more supply of labour ------ as a result less income --- creates inequality.
3. Lack of investment in labour intensive sector.
4. Government job mentality - Government jobs are inherently less paying job.
5. Import dependency - No job creation for local peoples.
6. Lack of incentive to innovative and entrepreneurial mindset - no new asset creation.
Sir are my points worth mentioning.
Some more reasons of rising inequality:
1. Distorted political discourse - poor being fed with freebies and rich being helped with desirable policy changes.
2. Weak societal order based on caste and economic hierarchies - weakening social mobility.
3, Lack of innovation and minuscle public expenditure on R&D.
4. Youth running after employment than being an employer.
5. Over golrification of government jobs.
also,
6. Tax-terrorism eating away middle class' savings.
Solution for Income inequality can be
1. Creating Manufacturing hubs where large scale employment is created leading to growth of the region
2. As 60% of Population engaged in agriculture, Agriculture should be modernised by means of providing targeted Skills and knowledge to farmers
3.Creating dozens of Cooperative societies like Amul promoting large scale exports of horticulture products
4.Biotechnoloy should be promoted and govt should do logical and limited experiment with modified crops
5.Govt should invite foreign companies to provide required skilling in certain areas
6. Corruption should be addressed and all these schemes and programmes must be strictly implemented.
7. The NEP is assertive policy and expected to yield marvellous results ..It should be implemented ASAP to create human capital from school itself
7 Govt should increase the Capital expenditure and reduce the revenue expenditure by privatising the non essential and loss making industry to give those sectors a better push such as Govt should privatise the Cleaning process, waste management in India,i guess it will be strict and people will fear creating more trash
To much of noise and breathing sounds
Analysis is going good with Mukesh sir.....main core of news getting clear with him
Rising inequality can also be attributed to prevalent societal structure manifested in form of patriarchy and hierarchial caste system that restrict the mobility.
As Former RBI Governor Raghuram rajan pointed out religious orthodoxy and economic growth can never go hand in hand.
Good point.
Excellent analysis.sir please provide pdf rather than ppt pdf
analysis too long
Then why you watch it switch to another channel
Watch in 1.5x.
Reasons for persistent inequality in India:
1. Low public expenditure on health and education
2. Targeted affirmative action not yielding expected results, 50 pc STs and 33 pc STs remain multidimensionally poor
3. Lack of effective redistributive measures like wealth tax
4. Gender dimensions - low LFPR of women at 37 pc , gender pay gap and unpaid household labour
5. Climate change and EWEs are rising and they cause disproportionate impact on the poor, like displacement, loss of homes etc
Every Unacademy class amazes me, and today’s with Mukesh Sir was no exception. Thanks to Mukesh Sir and the Unacademy team for another great session!✨
Thankyou Mukesh Sir
Sir I feel that instead of trying to bring the people from the agricultural sector to manufacturing sector , the government must focus on fostering the revenue generated from agricultural sector considering the population growth .
The incentives drive the people to take up the agricultural sector, leading to mass production of food and cash crops . through which exports and GDP share will increase .
The unemployed youth should be driven towards the agricultural sector making it a respectable profession.
The Govt must balance all three sectors in terms of GDP share by providing incentives like.
1) Providing Farm Loans ( Primary Sector )
2) Encouraging Entrepreneurship by providing loans like Mudra loan for MSME (Secondary Sector )
3) Providing PF and Medical Security ( Service Sector)
All three Sectors must prosper for a country's economy to prosper.
The second Prelims pointer seems to be wrong. Kindly get it corrected, team.
What is wrong in that ?
Unequal division of resources
Lack of R and D
Unequal employment opportunities
1 Baised govt policies, overexploitation of 1 section of People at the cost of others
2. Providing excessive freebies, making people reluctant to work
3. Lack of modern thoughts with the changing world
4. Poltical parties caste based politics
5.lack of incentivization of merit
This explanation is just awesome❤
Sir ur hand writing simply suppor I like it
thank you for amazing session sir
Awesome session,superb quality no need to cut short time sir..for this kind of quality content giving 1:40 minutes is worth..thank u so much sir🙏
Sir plz continue this analysis with chethan sir and you ❤
Thank you sir
Other reasons of inequality -
Regressive direct taxation policy- exemptions,low corporate taxes etc.
Loopholes in taxation systems exploited by rich corporates to hold on to profits . Eg- BEPS
⚪🔵 Great initiative of conducting daily Newspaper 📰 analysis ⚪🔵
Thank you sir 🙏🤍💙
Other Reasons for inequality:
inadequate implementation of govt schemes that promote inclusive development (due to middle men )
Increase in consumerism in the newer emerging middle class that discourages any asset creation and there by capital formation
king of accent
Other reasons can be :
The market in reality hasn't been open to all. The difficulties in entering and exiting market is difficulty, leading to market capitalisation by few and leading to inequalities.
Please make the discussion a bit concise.
Thank you sir 😊
Watched 💫
Thanks sir 😊
Thanks sir
TQ sirrrr
ThanX🎉
Reason for inequality is also due to caste system in india
...as certain jobs are fixed for certain caste.for eg-manual scavenging is done by people of lower caste only
Great ❤
it was very nice session sir thank you very much sir jai hind sir
Marvellous work sir but too long analysis
He explained very well.
Byjus teachers r here bt the monthly magazine was better in byjus...plz come up with monthly complications as it was in byjus
Major inequality reason - people are merely addicted to things that waste their potential. Some doesn't even know they need to go nxt lvl
सर यह प्रोग्राम हिंदी में भी लाईए
Noise
Focus on inclusive growth in better manner
Please make download option and subtitles available
Thsnk you sir
Where can we find the pdf of this video?
There is also less participation of women citizen, leading to less economical prowess and growth.
other causes were- gender discrimination, regressive taxation ,rising informal sectors, lack of employment opportunities ,lack of financial inclusion
regressive taxation
corruption
plz 70 min dna kr dijiye
Very long sessions
1:12:18 tbc
Looking for Chapters subdivisions
crony socialism, crony capitalism & some extent green revolution
1:15:00
🤝🤝
Please do add more articles from the news paper which is to be analysed in the GS papers
Provide subtitles
More ads
❤
Subtitles???
Thank-you Mukesh sir
Thank you so much sir
thank you sir
Thank You sir
Thankyou sir
THANKS SIR