The benefits of increased national wealth were not distributed fairly. In the process, it has only produced a few “enclaves of modernity and prosperity for a small minority at the cost of the majority.” Justify. (150 words) [UPSC 2017]
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Increased National Wealth and Its Unequal Distribution
The assertion that increased national wealth has led to “enclaves of modernity and prosperity for a small minority at the cost of the majority” is justified by examining recent socio-economic trends and disparities.
Economic Growth and Wealth Concentration: While many countries, including India, have experienced significant economic growth, the benefits have not been equitably distributed. For example, India’s GDP growth has created considerable wealth, yet a large portion of this wealth remains concentrated among the elite. The rise of high-tech hubs like Bengaluru and Gurgaon, contrasted with widespread poverty in rural areas, illustrates this disparity.
Enclaves of Prosperity: Cities such as Mumbai’s Bandra-Kurla Complex or Delhi’s Connaught Place showcase modern infrastructure and luxury, but these areas are surrounded by underdeveloped neighborhoods where basic amenities are lacking. This polarization is evident in the growing income inequality, where the richest 1% of Indians hold a significant share of the nation’s wealth.
Impact on Majority: The majority, particularly in marginalized communities, often see minimal benefits from economic progress. For instance, despite national prosperity, rural areas struggle with inadequate healthcare and education facilities, underscoring the unequal distribution of wealth and resources.
In summary, the growth in national wealth has largely resulted in enclaves of modernity for a minority, while significant portions of the population remain deprived, highlighting the disparity in wealth distribution.