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‘India has to come to terms with inequality’

Both in the battle against COVID-19 and in the broader context of making social investments and reducing inequality, “huge variations” persist across India, according to economist Thomas Piketty.

“India has to come to terms with its problem of inequality,” he said in an interview to The Hindu, adding that the political mobilisation to bring about a meaningful change could emerge from a crisis such as the pandemic. While inequality between lower castes and the rest of society was large, it had reduced more over time than the gap between African-Americans and the rest of U.S. society has, he said. India’s system of reservation quotas does not offset the deficit of reform in areas such as land reform and investment in basic schooling facilities and health, he said.

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