More than 90% people demanded social security, right to health and prevention of gender-based violence from the union budget in a nationwide survey by Fight Inequality Alliance India
New Delhi; January 27, 2022: More than 80% Indians support tax on the rich and corporations who earned record profits during the pandemic, a nationwide survey by Fight Inequality Alliance India (FIA India) has revealed. The survey took inputs of total 3231 Indians from 24 states ahead of the Union Budget 2022-23 on the expectations of common people from the government. More than 90% participants demanded budget measures to combat inequality such as universal social security, right to health and expansion of budget to prevent gender-based violence revealed the survey by FIA India, alliance of NGOs, civil society, environmental groups, trade unions & social movements to fight the growing crisis of inequality.
A global study by Fight Inequality Alliance showed that the wealth of Indian billionaires has more than doubled during the Covid-19 pandemic while 46 million people are estimated to have fallen into extreme poverty in 2020 (nearly half of the new global poor). This means the richest 98 billionaires own the same wealth as the bottom 40% of Indian society.
The economic and social disruptions caused by COVID 19 have further exacerbated inequalities in India. CMIE estimates that over 10 million jobs vanished in the second wave and 97% households saw their incomes drop. The impact, while devastating overall, has been grossly unequal. While the wealth of Indian billionaires has more than doubled during the Covid-19 pandemic while 46 million people are estimated to have fallen into extreme poverty in 2020, according to Oxfam India report. The stark inequality in India is disproportionately affecting marginalised communities such as Dalits, Adivasis, Muslims and women.
Anjela Taneja, lead, Fight Inequality Alliance India said, “The Union Budget 2022-23 can potentially provide several measures to fight inequality. The stark inequalities exacerbated by COVID-19 have started global wave of protests to make rich pay their fair share. The Government of India can listen to the people and make provisions for social security, health, and well-being through the budget.”
The survey by Fight Inequality Alliance India indicates the need for progressive policy and budget allocations to provide relief to Indians who have lost lives and jobs.
Here are some findings and suggestions for the Union Budget in India from Fight Inequality Alliance India pre-budget survey:
Where should the government allocate additional funds in the upcoming budget
What should the government do to increase the availability of the funds for social service
What should be the overall priority of the government in the budget
You can download the full pre-budget survey report here - https://www.oxfamindia.org/knowledgehub/oxfaminaction/fight-inequality-alliance-pre-budget-survey-2022
To read the global analysis of wealth inequality, visit this link.
About Fight Inequality Alliance India
The Fight Inequality Alliance India is a group non-profit organisations, human rights campaigners, women’s rights groups, environmental groups, trade unions, social movements and other civil society organisations that have come together to fight the growing crisis of inequality.