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Saturday, Nov 08, 2008
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Opinion - Letters
Financial inclusion

Financial inclusion in the country seems to be mirage, going by the percentage of the population below the poverty line and the very low per capita income, in contrast to the increasing number of Indian billionaires, disproportionate concentration of wealth, and the astronomically high salaries prevailing in certain sectors, not to mention tax evasion and continuing generation of black money without effective checks.

Political gimmicking on the eve of elections just to create an illusion of sincerity will do more harm than good for any political party or alliance.

It is the primary responsibility of any government to work out measures to see that the living standards of the majority of the population substantially improve through concerted action. This applies universally to all political parties. The ruling UPA has still time to act.

N. Vijayagopalan Bangalore

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