Few countries in the world exemplify this spirit as much as India. Unfortunately, very few countries in the world can also claim to exhibit the level of financial and economic disparity that India has.
In major population centres across India, the rich and poor live in such close proximity to each other that it almost feels as if they were deliberately promulgating the disparity that exist between the social classes.
India’s richest man, Mukesh Ambani, for example was recently criticised for building the world’s most expensive house in Mumbai named Antilia. Antilia is a private 27-storey building – valued at more than US$1 billion to construct – that towers over some of the city’s poorest slums.
According to Dean Nelson of the Telegraph, the number of multi-millionaires in India is also expected to triple in the next five years together with a “fivefold increase in net worth” for this elite group of Indians.
At the same time, India has one of the highest levels of poverty in the world. According to the CIA World Fact Book and's Econstats Database, 25 percent of India’s population live below the poverty line. However, there has not been a uniform measure of poverty in India and other studies seem to indicate a far higher level of poverty. The Arjun Sengputa Report for example states that 77 percent of Indians live on less than US$0.50 cents per day. The Oxford Poverty and Human Development Initiative also estimated that there were over 645 million poor people living in India.
Though there are many reasons for poverty in India, one of the biggest problems that the country faces is a government that is unable or unwilling to assist in developing policies and infrastructure that would help to alleviate the situation.
This problem is a nation wide issue that affects all social and economic classes in India. India is expected to be one of the major centres of economic growth in the next few years, though the lack of modern infrastructure has threatened to stunt the nation’s growth.
जय हिंद जय भारत!!!


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