public bride al jazeera you sold la you us basketball player le bron chimes has broken the national basketball associations all time scoring records for los angeles like his food has scored more than 58300 and $88.00 points, surpassing and other like his legend kareem abdul jabbar james is averaging 30 points per game in his 20th season in the league. ah, until mccray, with the headlines here on al jazeera rescue, as in to kia and syria, are continuing to search for survivors under the rubble of collapse buildings. thus struggling with harsh winter conditions and the scale of the disaster will the 9300 people have died since to earthquake struck, stephanie dicker has more from gassy on tip to care. the rescue workers we've spoken to what we've witnessed this morning is that it is more of

a recovery operation. at the moment. there are 80 people around 80, people believe to be still under the rubble of that building. we went to another building earlier, much smaller, 3 people remained there, but we saw one body being pulled out. there were some voices they heard, but they went silent as of last night. so relatives were, they are sobbing, particularly when the body was pulled out of what was a father. his daughter was there, a 3 year old boy has been rescued in kara, mom laura sh. the city was the epicenter of the 2nd earthquake and took care on monday. or if con was pulled from under rubble after being buried for 43 hours in neighboring syria, people in gen derose found a newborn baby alive. her mother apparently gave girth while she was buried under the rubble of a 5 story building. the newborn was found with her umbilical cords still connected to her parents who has since died. and an entire family has been put out alive from beneath the collapse building an invalid. the un says damage roads,

a lack of equipment and the with a hampering, if it's to find more survivors and other news. u. s. president joe biden has delivered his 2nd state of the union address to congress. it came as he faces some of the worst approval writings for a president in the 2nd year of a tim and his speech been highlighted, slowing inflation and culture unity saying the country remains unbroken by the pandemic. 2 years ago the economy is really our stand here tonight at room credit. we're the help of many people in this room, 12000000 new jobs, more jobs graded in 2 years. and a president created for years because of your 2 years ago, democracy faces greatest, threatened civil war. and today, though, bruised our democracy remains and bowed an unbroken filling his president has given a parliamentary address on the economy is expected to grow again from the end of

the year, the president's funnel with promising that people need to accept higher taxes. those are the headlines. the news continues here after the stream of next has a wave of sentiment around well with people actually won't accountability from the people who are running their countries. and i think often people's voice is not heard because it's not part of the mainstream news market. obviously we cover the big stories and we put on the big events going on. but we'll say 10 live stories of people generally don't have a voice. i mean, whenever chance my, that's me going to be afraid to put your hand and ask a question. and i think that's what actually really does. we ask the question to people who should be accountable. and also we get people to give their views of what's going on with welcome to the stream i manage habit dean. in recent months, india has risen to become the world's 5th largest economy. but at the same time,

the divide between the countries richest and poorest appears to be deepening, as highlighted by the anti poverty and geo oxfam. today we ask, why are india's poor being left behind? ah, joining us today from bangalore. oh ok, say tar phase, the media specialist at oxfam, india, which recently published a report, exploring the impact of wealth and equality in the country. we also have in bengal, route jobs, not job the director at the center for budget and policy studies. her work has explored gender health and education equity. and last but not least, in new delhi, i did saw as an assistant professor at the institute for studies in industrial development. now you too can join the conversation, send us your questions and comments through our live youtube chat. so, very many things we want to get to, but let's start with the numbers. some of these numbers and ox time that i want to share with you take

a look at this. the richest one percent owning about 40.6 percent of the countries . well, the poor, 50 percent, just less than 3 percent of the wealth. now we have billionaires, in the meantime, rising from 102 of them in 2020 to 100. 66 in 2022. and the combined wealth of 100 riches people. that's the top richest. it's $660000000000.00. now, with all those figures in mind, it's not what's behind the rise of this sort of deepening divide and how serious a problem is. it was type. i think it's a very, very serious problem. and i was hoping, you know, it's, it's, it's not the, it's on, so the policies that approach the supply side growth approach that has been followed the last 10 years is last be responsible for this. and, and we see that, you know,

budget after budget we up to the see there's no movement away from that. if you take this year's budget, we were expecting last year's budget. there was a huge expectation that they would be some kind of out between equate, you know, which will be like a good start up and, and this year despite the fact that there was also counter merger. so you had, for example, new capital been stuff that has been limited to 100000000, but then your income tax club has also the job has to come down to whatever game you have from the one that gets off from the other. well, and i don't think in the quality is an issue for everybody, you know, and that's, that's the biggest reason why you don't see any mess. i want to drill down on that point a little bit later about who this is an issue for who is actually most impacted. but because you brought that up, let's listen to the prime minister himself talking about this when the latest

budget was announced in february, take a look. oh my god, go you have the 1st budget of this neck to era will build a strong foundation for building a developed india. this budget provide stability to those in need and it will fulfill the dreams of today's aspirational society, including villages, poor people, middle class people, and farmers when she thought, well, what if i did? so i'd say hearing that i mean india's government thing and final budget before the general. 3 election in 2024 will spur economic growth. critics are thing, it'll do the opposite. what do you think the prime minister is that, that india is growing, but we need to ask the question that who is growing for and then the growth is going, you know, this is the story of the indian inequality, the story of the promise by government of india and the story of the can down economics is this still believe in and the budget is also reflection of that. we

are seeing that that the deb claiming that they have increased the budget and education budget, which is true. they have, there had been significant, but it's not enough. the government had promised the hell they've been 2.5 percent of the duty and fort education. they've been 6 percent of those are the p and it is their own national policy which talks about back. but what we are saying is that, you know, the union government, which is the national government of india, is spending, i think, less than a half on education and head board. so we need to see that. but there might work, but for well, that's an important question. who does it work for? i did, i want to share with you a video that we have. this is from a union. this is from a clip from my colleague al jazeera, as part of neo natal from december, but this is a union of farmers and it's a protest basically, and they're very close to the b j p. so they're certainly affected by this. take

a look at the an impromptu dawns is broken out at the rally, new delhi. the song comes from the rest of the day to roger on. one of the many regions represented here, pounds of farmers from across india, have gathered to demand the government, lower taxes on fertilizers and other agriculture equipment and increased financial support. now, we want prices that earn as a profit. right now we are not recovering our costs. we are very deep in debt for 3 generations. we have only been passing on i did what is the government doing in order to quote some of these concerns? see, the thing is that lake devious speaking only about this inequality in india at one point up at one point of paying? yes. the government, the focus of the comment is based on

a dobbs listing new things that important, you know, i took you job the new and do and then the focus is on that so, so just give me, give me a sec, i understand what you're saying. just now what do you make of, of the b j p 's argument and all of this, i mean, the budget really does put a lot of its faith in private investment. is that going to impact the middle class and more importantly, the poorer class? yeah, actually that's the whole point. see the by making risk when you can have faith in private investment, if you see the evidence of it, you look at the last 3. 0, it's not the 1st time that the government has put. it's faith in the biggest investment we have seen back on dealing with that hadn't been the philosophy actually. and that continued in this budget. and we do not see any investment coming up. the investment is actually not rising at all. and,

and one has to understand why that don't feel that these incentives are not enough enough to, to ation. when private investors clearly see that demand is not growing, and therefore the focus has to be on demand. and i'm afraid we do not see that. so there is a problem in don't solve where you are hoping you'll creep in. we have nor venue. i'm looking at him on the monitor stuff, not really look at savings, it's all time low for me on this, you actually have measures that will build demand that you will launch the, the change and let me add you please. and that it's important that you know, the demand comes from the large number of people and not on number of people. that's the only be for you have to have all the sees that will give money to in the handful who will, who actually spend that. that's, that's to be true. and we don't see that. and actually when you will notice,

you know, that that's something it's, it's a clear cut example. then you are actually not responding to unmet demand. you are actually reducing money for something that would have ensured both my room security as well as wishing the demand. right. and then, you know, you talk about a large number of people. well in india, a large number of people, 80 percent. in fact, 8 out of 10 indian support and higher taxes on the rich on corporations. primarily those who benefit benefited during the pandemic. with that in mind, i do want to share with you and will you allow me to last one more sent? sure. what is this that we have, you know, we have, if you look at the ready light situation, we have not done mary bagley when it comes to groat, you know, your family make and everything, but it has been a jobless school. so i think employment is a huge concern, especially among the youth,

overt on unemployment rate is much longer as compared to the youth unemployment. right, right. i can get spread. we had to focus on, well, no, and i appreciate you bringing that up. i mean, when, when i talk oxy about that, 80 percent, that one attacks on the ritz and bigger corporations. you know, we have a social justice activists who's kind of making a criticism that you are mentioning, saying the government not spending enough specifically on programs like health care and education which are so critical. so to take a listen to what. yeah, he shared with us there's an increasing woke up in india mainly due to an equal access to this sources and popo that stems from systematic discrimination based on cast religion and gender. multiple studies have come from the same and affirmative action should be the not the super rich havoc dc here that it's novell tax and that should be taken care of immediately. and the government expenditure on health and

education should be improved. and the distribution of political and fiscal bava should be more towards the states because every state has a different issue to address. so i did, i want to ask you the finance minister on february 1st introduce the budget. $550000000000.00 budget for critics saying it doesn't include as we just heard from one ah activist there it doesn't include the reintroduction of this wealth tax. why not see the 1st thing that was thinking is not a new concept you need. it was already in an upper environment as well. then it was the that the, what is the objective up into the if you were to do the text, whether you want to collect the venue. because the d test was that when that was a real x in india, the collection was, it was not that, but the 2nd is that that,

that there was a us form in 1995 under the tenement. and it won't that have to repeat this because when you introduced a bill that would be on the productive and then so again, so, so i, well if i can stop you there because just not looks like she might have a response to some of what you're saying, i'm wondering just now if 8 out of 10 indians want to see this wealth tax on, on the written on corporations. is it not possible that it could have the potential to, in fact, dramatically increase lives or, or is what i was saying there? correct. the but the argument oh that one often he'll isn't there better that talk from that it that you know well should be left to will be plea because they know how to do that. i would have bought back, you know,

95 that might have been to that. but if you look at, you know, as an, as an artist, you know, as long as all the job is to look at them. and then we look over them in current, you know, off in immediate, contemporary us. we do not find that. you look at corporate tax was lloyd the same argument, so it will, you know, it will, it will generate more resources to be invested. that was why we like to. ringback go ahead, god jump in there. explain. you weren't, you were shaking your head a lot as we were hearing josma there. why were you shaking your head? how much i would like to disagree that i think you say go ahead. law did, let's, let's back in india right now should have to go beyond it to the didn't mandation because we are seeing a lot of other countries which are actually implementing and bringing back well stacks. we have paid, we have bolivia, and there are

a couple of other countries also who are trying to bring that tax back. and i think government control lee, we can really implemented more cleverly and more visibly. and i understand their tax order and is an issue. but i'm sure government has the resources and tactics to address that. i just wanted to add one more point in. sure, you know, this is not a discussion and be just about the budget here. it is a continuous trend indian economy from 2000 while if you see the numbers well, it has been created almost 40 percent of the new will create it had to grab it and only 3, but i don't have that which isn't the right. and we'd like to mean you don't have a distribution measure to do my just in please. right. and, you know, just to visualize that more, we have a short social video by al jazeera that highlights the controversy over 1000000000 or in particular gout. i'm done. take a look at this a

with with of course mr. donnie and mr. mckee. very close there. i do want to just ask you straight up, is this a case? does this help strengthen the case that billionaires should be taxed your thoughts oxy? yeah, definitely been initially more taxed. i mean, that is the most common sense,

major right now to combat any quality. we are not saying that well, tax is a syllable solution to the all the problem. but it can be a huge step in combating you know, currently existing my suffering and health crises and climate crisis and education crisis. and yeah, and i did. what do you think? i mean, a should. should billionaires be taxed more and more importantly, what do you think? i think it was the need that to, with being not the answer is that the start paying that the 2nd person is that with is the, takes it into the rel text for the like less than the previous. but elizabeth thing that then contributed introduced will text. but then i will leave 4 countries in the world that had to do with that. thought it was 15 countries in 99. i didn't do that. so we have to do the logic on the wednesday or any just sent me that right now. that's all woman selecting the auto can see that that's the movies

or not but i guess, i guess the question that i'm wondering if i can do is if i can just focus us in a bit, then why do you think there is this growing divide? why, you know, who is actually missing out on the story of economic growth and success that the b j. p is painting. i did. i did. can you hear me? ok, it seems like maybe i did can not hear me. let's, let's just know who is missing out. can you answer for us? you know, of course, you know, but what i did, i did forgive me. i think you might have a delay. can you hear me when i did? can you hear me? i think we're having issues forgive me with his audio. we're going to just continue with you. it's not as you were saying. yeah, well if you don't, one is that i'm, if you look at the last penny of train, the put it backs connections pod been actually slowing down. so i'm not sure. you

know, if richard actually paying the taxes because and it would be because of the fall in the rate. so i'm not saying that you know, that avoiding bit up. but the tax rate, when we cut down that have, you know, the logic was that that will actually increase right. collection that has not happened. income tax collections have been going up and collections have been done . if you look at that and i want you, we, we've gone just and i want to give and, and bed you offer fee that you don't for the grant will be, i think it's a major in this field budget. then we are putting a cap on the capital gain stuff because it's transactional, that and that alone is not enough. we have gifts back, so we have the same, so we'll get in there. but if you look at the exemption, you know, it's almost everybody's exempted for you. you know, i can receive any by the, you know, whether you're married, your husbands on, on, or maybe your nieces,

anybody can off things for you and everything is. and so, so, so, and if i may, if i'm in the logic, yeah, go ahead and logical smokestacks. is that the, since one of the most events is something that has nothing to do with who you are? it's not actually comes from the fact that there you are born. yeah. so it's, it's their social capitol, electric and been sick. so therefore, it in the book context, then rich on, you know, the, the used to read as a student or we can all mix that richie becoming a temp or becoming florida. i don't, we have a good piece of that. and therefore, i think, you know, when you have some major but the moment to reduce the surcharge, you basically offset that. so be have to have a very clear policy that i haven't said demonic growth. so employment should be incentivized and not production. and you have to have taxes and, and then you have to did it those taxes. sure sir. let's take, let's take

a moment. i do want to kind of go ahead oxy. i know you want to get in there, but, but before we come to you, i wanted to share with our audience. you know, we want to talk about the economic challenges on a day to day basis that affect the majority of indians. we do have a little clip from, i'll do here as poverty. midtown. this is about day laborers who come to new delhi from the villages looking for work. take a listen o. seems like this are an every day routine on the outskirts of new delhi. dozens of laborers come to the street every morning to find work. they fix their wages with recruiters and head to the work site. most of them hide and construction is a messiah table. you know, good at the tip top says he holds a master's degree, but was forced to leave his village because his job doesn't be enough to icon for based on our boss. but all it's very competitive. there aren't enough jobs that are fuel groman, jobs, and private companies don't be well,

it's also difficult for us to get paid on time. the government should fix a minimum beach for daily rate workers make us i say i want to ask you and you tube we have solid cancer asking which regions are most affected by the economic inequality? is it related to religion or to cast? what were you going to add and what do you make of what the daily laborers were saying there? yeah, so i just wanted to, i thought also the question of who exactly is losing on who is exactly getting most affected by different quality and down could, is very straightforward countries. the muslim then marginalized women. it's also the environment that was which was throwing in right now on the screen, which form majority of the work for then government estimated. so say that they might be running like less than $10000.00 or like $100.00 per month. so these are the people who lose and they are dependent on government services. and then you got the government budget. when you got 40 go to the budget on which almost 80800000000

people are dependent on and it's all. and what do i, the population of united so so so actually i'm curious, what does a more economically fair in the actually look like to you? i think as i said, the tax go over and must consider and one to have the new from the tax. we need to universalize, public closes documents back to help get better and better what, what, what i mean by that is we need more time and he had guess and does we need more doctors? we need more school is because lot of children are right now out of school, and that would be towards more of an equal india. and just briefly, just now, what would you add to that? good. oh, what i will add is that it's, it's so you know, when you are doing then you've been public investment is high on elephant education . it also leads to go look at the entire, i mean,

i keep arguing this all the time. look at the gap at on this to europe. it has sized on heavy invest, went on public health and education. so we have to realize that and his folder belongs to them. the people talk about, you know, my, to 31st off the capital investment. i wouldn't say that the distributed aspect of market glad him effect off public investment on fell friend. education must be studied, bechtel and adopted. that is one of the things is, is very important. that technology we're running out of time used. okay, fine. so i would say then basically inclusive, you know, and in miss and not be just a method, it, you have to actually back it up with policies that ideally, you know, that make the economy goes well, we, we have heard from, ah, mira, someone who shared with us the role of philanthropy and all of this, which we haven't discussed as much take a listen to what near, i'd say during the 2023 budget india's parliament was celebrating impressive

economic growth rates of 7 percent. but we continue to be a country with deep inequalities, 10 percent of our richest, who got even richer during the pandemic own 80 percent of the wealth. it's clear indian needs to redefine at social contract. and what we can expect from each other in society, irrespective of wealth, there is a growing responsibility for philanthropy to support our most vulnerable communities. we see the rise of family philanthropy shaping a new social contract where a 1000000000 thrive with dignity and equity. well, what certainly stood out to me is that statement about india and needing to redefine its social contract. so many different ways to do that. i want to thank our guests for sharing some of their insights on solutions, as well as highlighting what the problem was. remember, you can always find us online. adstream dot al jazeera dot com. thanks for watching .

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