Recently, Dr.Manmohan Singh was at the receiving end of some negative remarks by the media. Apparently, during his address to the CII's annual meeting, being attended by top-end corporate executives, he alluded that our much celebrated and idolized CEO's might just survive on "a few rupees less". This drew great criticism from the media who accused him of trying to undermine the economic reforms process, of which CEO's play an important role.
The truth is that the whopping compensations, CEO's receive have been instrumental in creating gross inequalites among people. Talk of Mukesh Ambani becoming India's first dollar trillionaire and talk of the widows of farmers in Vidharba struggling for survival with daily wages of Rs.25.
Diametrical truths, ain't it....and certainly those that don't receive coverage in the front pages of newspapers. At the most, they'll be covered by the middle page editorials while Mr.Ambani will continue to flash a milllion-dollar smile, Oh i'm sorry,a "trillion-dollar" smile from a dozen front page photos.
Inequality is so vast and serious a topic it merits deeper analysis and thought than this.Well anyway, worth a mention.
