Despair in inequality

February 12, 2017 11:48 pm | Updated 11:48 pm IST

The genuine concerns of Vice President Hamid Ansari are not at all unfounded as data shows that eight of the richest persons in the world own as much wealth as half the world’s population combined (The Huddle — “Ansari warns of public despair fuelled by inequality”, Feb.11). Another finding is that even in the U.S., the per capita annual income of the poor and middle class has been steadily decreasing in the last eight years. The trajectory of economic growth is only helping a few. The government does have a primary social responsibility in initiating remedial measures to bridge this widening gap.

Sridhar Raghunatha Rao,

Bengaluru

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