Post MBA exam results, Group Discussion will be crucial for MBA admission so it is advised to read and practice with variety of topics. In following GD topic you will be getting some points with divergent views which you can pick up and develop.
Today, you will read GD topic: "Gap between haves and have nots is widening"
The phenomenon of the rich becoming richer and the poor becoming poorer is not just evident in India; it is prevalent in every country. Globalization has resulted in the widening of the gap between haves and have nots. The educated are on par with technological advancements and the uneducated are unable to keep pace with the rapid pace in science and technology. This has resulted in the educated getting better jobs in the city, while the poor are left behind in the society.
Poor people end up being trapped in the vicious cycle of poverty. To gain a higher standing in the society, it is important to get quality education. However, with the cost of education increasing at an exponential rate, lower income families are unable to send their children to good schools, forcing them to work at a young age for a living. The cost of living in urban areas in India has increased over the past few years, forcing many children to quit schools and join the workforce. This has resulted in the widening of the gap between haves and have nots.
In the last two decades, India has seen an increase in the level of migration from rural to urban areas, giving rise to a growing middle class society. So, although the gap between the rich and the poor is increasing, a new group has emerged in between these classes, changing the dynamics of the labor market.
According to Zanny Minton Beddoes, Economics editor for the Economist magazine, “Growing inequality is one of the biggest social, political, and economic challenges we face. However, it is not inevitable”. So, it is in our hands to reduce the gap between haves and have nots by ensuring the poor acquire skills that are in demand in the market. Although it may be difficult to gain quality education, given the cost of education in urban India, it is the only way out of the vicious cycle of poverty.
Although the gap between haves and have nots has increased over the years, it does not necessarily translate to a bleak future for lower income groups. To reduce the gap, lower income families can hone their skills that are in demand in the industry. And this requires the collaboration of the public and the government. Together, we will be able to uplift India’s economy.