4. Social inequality is an area within sociology
that focuses on the distribution of goods and
burdens in society. A good can be, for example,
income, education, employment or parental
leave, while examples of burdens are substance
abuse, criminality, unemployment and
marginalization.
5. Social inequality means inequality that exists due
to factors like gender, caste, race, religion, or
financial position which devoids a person from
equal opportunities and rewards in society. People
are not equal on economic and social terms. There
can be many factors which can lead to social
inequality like societal factors, custom, or poverty.
Another term that is often related to social
inequality is social mobility.
6. Rousseau had made a distinction between natural
and social inequality. The former emerge from the
unequal division of physical and mental abilities
among the members of a society. The latter arise
from the social entitlement of people to wealth or
economic resources, political power and status
regardless of potential abilities possessed by
individuals.
7.
8.
9. Unemployment or having a poor quality (i.e. low
paid or precarious) job
Low levels of education and skills
Size and type of family
Gender
Disability or ill-health
Being a member of minority ethnic groups
Immigrants/undocumented migrants
Living in a remote or very disadvantaged
community
10. 10%The top 10% of the Indian population holds 77% of the total national wealth. 73% of the
wealth generated in 2017 went to the richest 1%, while 67 million Indians who comprise
the poorest half of the population saw only a 1% increase in their wealth.
70There are 119 billionaires in India. Their number has increased from only 9 in
2000 to 101 in 2017. Between 2018 and 2022, India is estimated to produce 70
new millionaires every day.
10xBillionaires' fortunes increased by almost 10 times over a decade and their total
wealth is higher than the entire Union budget of India for the fiscal year 2018-
19, which was at INR 24422 billion.
63 MMany ordinary Indians are not able to access the health care they need. 63
million of them are pushed into poverty because of healthcare costs every year -
almost two people every second.
941 yrsIt would take 941 years for a minimum wage worker in rural India to earn what the top
paid executive at a leading Indian garment company earns in a year.
11. "India stands out as a poor and very unequal country, with an affluent
elite," said the report, brought out by the France-based World
Inequality Lab which does work through evidence-based research on
the drivers of inequality worldwide.
The report is authored by Lucas Chancel, co-director of the World
Inequality Lab and coordinated by famed French economist Thomas
Piketty, among others.
The report said the one per cent richest people in India hold 22 per
cent of the total national income in 2021; the top ten per cent owns 57
per cent of the income.
The income gap between the top ten per cent and the bottom 50 per cent
in India is one to 22 in 2021. The report showed that India is one of the
most unequal countries in the world.
12. Inequality widens when it comes to wealth in
India.
The bottom 50 per cent of the households own
almost nothing.
The middle class is also relatively poor, owning
29.5 per cent of the total wealth
as compared with the top 10 per cent and one per
cent who hold 65 per cent and 33 per cent of the
total wealth respectively.