Superpower? In a country of 1408 million people, there are only 46.3 million people (3.28% of the population) who have salaried jobs in the formal sector, able to regularly contribute to their Employee Provident Fund. Of these, only half earn enough to pay income tax, and a mere one-tenth of them contribute to 80% of income tax collected. That too not by choice but by compulsion, because of tax deducted at source for their salary bracket.
The number of Indians who sleep hungry rose from 190 million in 2018 to 350 million in 2022, and malnutrition and malnourishment killed nearly two-thirds of the children who died under the age of five last year. https://www.lrb.co.uk/the-paper/v45/n08/pankaj-mishra/the-big-con
Two million slum children die every year as India booms
Superpower? In a country of 1408 million people, there are only 46.3 million people (3.28% of the population) who have salaried jobs in the formal sector, able to regularly contribute to their Employee Provident Fund. Of these, only half earn enough to pay income tax, and a mere one-tenth of them contribute to 80% of income tax collected. That too not by choice but by compulsion, because of tax deducted at source for their salary bracket.
The number of Indians who sleep hungry rose from 190 million in 2018 to 350 million in 2022, and malnutrition and malnourishment killed nearly two-thirds of the children who died under the age of five last year. https://www.lrb.co.uk/the-paper/v45/n08/pankaj-mishra/the-big-con
Two million slum children die every year as India booms
https://www.theguardian.com/world/2009/oct/04/india-slums-children-death-rate