Rising Inequality is a Concern, Country Cannot Allow Extreme Poverty, Says Manmohan Singh2Photo© timesofindia.indiatimes.com

Rising Inequality is a Concern, Country Cannot Allow Extreme Poverty, Says Manmohan Singh

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New Delhi, June 25: Former Prime Minister Manmohan Singh said rising inequality was a concern and the country cannot allow extreme poverty or economic disparity as it is a welfare state.

Speaking at the release of a social development report titled 'Rising Inequalities in India, 2018', Singh said some regions and social groups were extremely poor and vulnerable despite various anti-poverty programmes and affirmative policies being followed.

The former Prime Minister said India was one of the fastest-growing economies in the world today, but the high rate of economic growth had also been associated with rising inequality, including economic, social, regional and rural-urban inequalities.