Petition updateThe Billionaires Raj. Rich Vs. Poor. Growing inequality in India

India needs Healthcare Budget - 5 % of GDP. Impose high taxation slabs on billionaires.

RAYOMAN SORABJI ILAVIASurat, India
24 Sept 2020

      India's richest man pledged to help fund humanitarian aid amid his country's growing coronavirus crisis, after a video of him taking part in a nationwide moment of celebration in honor of medical workers provoked criticism.

    Mukesh Ambani donated ₹500 crore ($66.7 million) to Indian Prime Minister Narendra Modi's coronavirus emergency fund from Reliance Foundation. The gift is in addition to the foundation's previously announced work to build a hospital exclusively for coronavirus patients in Mumbai.

    Ambani faced widespread criticism for his initial response to the virus, when his wife Nita Ambani shared a video of the billionaire ringing a bell from a glass-enclosed terrace of his mansion in Mumbai to thank front line workers for battling the virus on the streets.

     Ambani's personal 27-story Mumbai skyscraper is rumored to have cost $1 billion to build, making it one of the most expensive homes anywhere in the world.

     On Twitter, Ambani's bell-ringing was quickly called out and contrasted with what some other members of the three-comma club are doing to combat the virus. Billionaires including Bill Gates, Jack Ma, and George Soros have donated millions of dollars and supplies to coronavirus relief efforts around the world.
      Ambani's foundation had already contributed to the construction of a 100-bed hospital and a separate isolation center for people who tested positive for the virus before the video was posted, but observers said the donations were not enough.
      At the other side  Elections in the world’s largest democracy India have been turned out to be a money guzzler.       

     Political parties and candidates spent nearly Rs.60,000 crore (around $8.65 billion) in India’s  general election 2019, making it twice as expensive as the one in 2014.

     This being a main reason that even after 73 years of Independence, our largest democratic nation India has produced so many billionaires but it could not reduce poverty, malnutrition, unemployment, curruption and crime. 

     We citizens of India request Government of India to ensure allocation of healthcare budget at an amount of funds equallen to more than 5 % of India's GDP. To achieve this Government may impose more social responsibilities or higher taxation slabs on billionaires of our nation.

    

 

 

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