Powerful Economic Justice

Powerful Economic Justice

The Covid -19 pandemic left lakhs of people unemployed in India along with other parts of the world. While things are moving towards recovery, professionals are still having a tough time to find a job. And those who have somehow managed to grab a job are being underpaid compared to their experience and qualifications.

India’s jobless growth has become the most controversial issue in the political arena in India and the unpaid and underpaid professions are seeking for better and powerful economic justice towards a brighter future.

Powerful economic justice could be a heavy term for a layman to understand. Let us first understand what is economic justice?

Like every country, India also aspires to be a successful economy where everyone has full and equal opportunity to provide a decent living for his family. The ultimate objective of a powerful economic justice is to give an opportunity to all to earn sufficient to lead a dignified and successful life.

On a wider approach, the concept of economic justice intersects the idea of economic well-being or welfare of a country as a whole. Experts believe that providing more favourable circumstances to earn deserving salaries will further contribute to a sustainable economic growth. This will indeed help the economies surpass the popular claim in the present global scenario of the rich getting richer and poor getting poorer.

A Role Model for Economic Justice:

Ever dreamt of a society where every person is equal? There is no rich or poor, everyone has the right to equal pay and equal facilities. If you feel it can only happen in a dream, then you are mistaken. Auroville, which is an international township in the South India near Puducherry established 50 years ago, is a classic example of prosperity and economic justice going hand in hand.

There are over 2000 members in the experimental society from more than 40 countries of the world. Believe it or not, all the members in this town, irrespective of the job they do, earn the same salary of Rs.12,000 only per month. The other basic needs of the members like food, health care and housing are taken care of by the Auroville trust. The trust is run by the contributions made by the members.

Auroville’s sustainability is an excellent model of durable socio-economic development and can be taken as an inspiration for many developing economies of the world.

Are We Following this in India as a Developing Country?

In India, there are various reforms being made for sustainable and powerful economic justice to keep up with the ever growing world. The Indian Constitution lays emphasis  on promoting well-being of the citizen. There are various Articles in the Indian Constitution that imply to remove the economic inequalities and provide equal opportunity to the citizens treating them equal in the eyes of law. Apart from the constitution, there are various governmental schemes that are being run in the country for the upliftment of the weaker sections of the society.

After independence, the government had initiated the Five Year Plans aiming at the long term development of the country. In 2015, the Modi government quashed the Five Year Plans and introduced Three Year Action Plans. These plans cover various aspects of the society like reducing the wage gap and elevating wages of workers working at low wages, free and compulsory education to the poor, financial aid for higher education, affordable housing, generating jobs for unemployed etc.

Conclusion

In the present state the betterment of social and economic welfare of the society is the need of the hour. It is important to reduce the inequalities in the economy be it the wage gap, gender inequalities and religious or caste inequalities.

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