A very small group of people in India have never experienced poverty and misery. These are rich landlords in the countryside, Government top officials, industrialists, bankers, etc. The vast majority of people in India are poor because their income is low. Existence of extreme inequalities of income and wealth is due to the age old social formations and necessarily, the reduction in the equality is possible through abolishing the semifuedal relations of production in our villages. Another aspect of inequality in income is the large disparities between rural and urban incomes which are bound to be accentuated over years due to industrialisation and economic growth.
Even though reduction in poverty n misery have always been talked about in our plans, in terms of priority this topic got a low position. This could be so because Nehru the architect of Indian Planning, did not believe that the problem of economic inequality could be solved merely by redistribution. They believed in establishing heavy industries that would inturn improve the standard of living, strengthen the infrastructure, create employment. A growth in the national income and per capita income would reduce the miseries was assumed. However no such attention was given development of socialistic society. (4th FYP)
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