Bangalore: Income inequality is an ever existing detonation. But in last two decades it is doubled in India which lagged it in all rising economies. In 1990s the top 10 percent of wage earners used to earn 6 times more than the bottom 10 percent, which has now completely doubled and become 12 times. There are many reasons for this persistent rise of gap. In India the prime reasons are lack of good education system, unemployment, corruption, population etc.

Recent report from the Paris-based international organization – ‘Organisation for Economic Cooperation and Development’ (OECD) stated that the income inequality has raised in 17 to 22 countries and also provided the reasons for this across advanced economics. By this cross-country study of fiscal inequality it’s been clearly seen that these income gaps are not inevitable and technological forces which drives incomes can be successfully countered by active government policies. This gap has mostly widened in U.S., Germany, Finland, Israel, Luxembourg and New Zealand but is highest in Mexico and Chile.