News Tamil Nadu

DMK Spokie Wears Expensive Watch & T Shirt And Talks About Wealth Inequality

April 16, 2024
The Commune

State Deputy Secretary of the DMK IT Wing and party spokesperson, Salem Dharanidharan shared a video on social media platform X with the caption, “Inequality in India under Modi is one of highest in the world. 21 richest Indians hold as much wealth as the bottom 80 crore population. Watch my video on why inequality is dangerous.”

In the video, he says, “Ever since Modi has come to power in 2014, inequality in India has drastically increased. India is one of the most unequal countries. And inequality is very harmful for the economy. Why? Because when a country grows more and more unequal, money from the poor and middle class is taken and given to the super-rich which means that the poor and the middle-class that are the majority of the population do not have purchasing capacity, which is why demand is very low in India and which is why there is very high unemployment. According to the World Inequality Lab run by the world-famous economist Thomas Piketty. He says that the richest 1% of the Indians hold 40% of the total wealth. Inequality in India is now higher than it was in the British colonial government. 

Back in the day, British used to take money from the Indian middle-class and poor and give it to the rich Britons living in London. Now Modi is taking money from the poor and middle-class and giving it to the corporate houses in Gujarat. 

According to Oxfam report, just 21 Indians currently hold as much wealth as the bottom 70 crore population. If that is not sufficient, why did Mahatma Gandhi run salt satyagraha protest, because he was protesting against the tax on essential commodities such as salt? But come to Modi’s India, all the essentials from salt to rice to wheat to milk are all taxed. Even petrol, diesel, gas cylinder prices have risen by 300%-900% in Modi’s India. And who does it affect the most? The common man. And what does he do with the additional money? He gives dole-outs to the rich corporates. That is why by taking money from the poor in the form of GST and petrol, diesel taxes, he has reduced the corporate taxes for the super rich from 35% to 22%.”

Ironically in the video, Dharanidharan was himself allegedly wearing an expensive Rolex Yacht Master watch worth ₹25 lakh and an over ₹25000-worth Burberry T-shirt!

While this sounds like the Congress’s promise of “redistributing” wealth, netizens reminded Dharanidharan of redistributing the wealth of DMK’s first family to ensure equality among all classes. 

 

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