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A poor country of very rich people

Nowhere amidst the efflorescence of the Republic Day parade was there any hint that India was not really that rich country of poor people

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Sunanda K Datta-Ray
Military muscle, martial music and a flowing turban are sare jahan se acchha. But sitting glued to the television on Republic Day while prime ministerial — I mean the parade’s — splendour unfolded on the screen was a trifle disappointing. The feisty Nirmala Sitharaman should have demanded a finance ministry float to showcase the billionaires who are the NDA’s principal creation. Indians may starve but who cares if the declared riches of only 63 tycoons exceed the 2018-19 Union budget of Rs 24.5 trillion? Perhaps she didn’t want to encourage the bolshie Abhijit Banerjee to push for a wealth tax.
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First Published: Jan 31 2020 | 8:52 PM IST

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