How does the Constitution of India address the redistribution of wealth
Explore the provisions in the Indian Constitution regarding the redistribution of wealth and its implications.
The Indian Constitution does not explicitly mention the redistribution of wealth as a specific goal. However, there are provisions that indirectly aim to promote social and economic justice, which can lead to wealth redistribution. Here are some key points related to wealth redistribution implied in the Indian Constitution:
- The Directive Principles of State Policy (DPSP) encourage the state to strive towards reducing inequalities in income and wealth among its citizens.
- The progressive taxation system in India aims to redistribute wealth by imposing higher taxes on those with higher incomes.
- Land reforms and agrarian laws seek to distribute land more equitably among farmers, thereby addressing wealth disparities.
- Policies promoting reservations for marginalized communities in education and employment aim to uplift the disadvantaged sections of society.
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