Interesting statistic, but lets look at that in persepective. 3 lac beggars earning Rs 180 crore implies that on average one beggar earns less than Rs. 17 a day. Could buy him a loaf of bread, but probably not 3 meals a day. Would it be different if Govt. introduced VAT (top of the range goods) and Social Security and perhaps even made it obligatory for corporates/ FIIs to increase their social responsibility spend. After all the international businesses operating in India repatriate huge dividends adding significantly to their global shareholder wealth. Infact, instead of making it obligatory for the corporates, the govt could implent a social scorecard mechanism whereby the corporate could win more business govt/private tenders depending on their score. All other things being equal, the higher the social score, the better the chances for a corporate to win more business. Poverty alleviation ?
