Why help the strong?

"India's gross domestic product (GDP) grew by 8.4 percent during the July-September quarter of 2021-22," NDTV. This is based on a contraction of 7.4% in the same quarter of 2020-21. But, has every citizen of India seem 8.4% growth in earnings? "As per the 'World Inequality Report 2022', India is among the most unequal countries in the world, with rising poverty and an 'affluent elite'," ET. "Here, the bottom 50% earns Rs 53,610 while the top 10% earns Rs 11,66,520, over 20 times more. In India, the top 10% and top 1% hold 57% and 22% of the total national income respectively while the share of the bottom 50% has gone down to 13%." "In 2021, this concentration became more pronounced. The top 10% had a share of 64.64% in total household wealth, the highest since 1995, the earliest year for which this data is available. The share of bottom 50% decreased to its lowest level since 1995 to 5.9%," wrote Abhishek Jha. "India Inc resorted to salary cuts to protect their profits in the June quarter, as revenues came under pressure due to the second pandemic wave that affected nearly the entire country, a report said," Mint. "In 2020-21, Nifty 100 CEOs earned a median Rs 7 crore (Rs 70 million), around 100 times the median pay of their employees," wrote Niti Kiran. "An Indian farmer earned Rs 27 per day on average from cultivation in 2018-19," wrote Roshan Kishore and Abhishek Jha. However, the Union agriculture secretary Sanjay Agrawal said, "At the all-India level, an average monthly income per agricultural household during agricultural year 2018-19 is Rs 10,218. Out of the total average, income from wages is Rs 4,063, followed by cultivation/net receipt from crop production (Rs 3,798), net receipt from farming of animals (Rs 1,582), net receipt from non-farm business (Rs 641) and income from leasing out land (Rs 134)," HT. The report said that, "India's middle class is relatively poor with an average wealth Rs 7,23,930, of 29.5% of the total national income, compared with the top 10% and 1% who own 65% (Rs 63,54,070) and 33% (Rs 3,24,49,360) respectively," TIE. Compare these figures with, "Gautam Adani & family earned Rs 1,002 crore (Rs 10.02 billion) a day in the last one year to quadruple their wealth to Rs 5,05,900 crore (Rs 5.059 trillion) from Rs 1,40,200 (Rs 1.402 trillion) a year ago," ET. The massive rally in stocks has seen small business families "growing their wealth three-four folds in a year", ET. One of the main reasons behind this rally in stocks and rise in income inequality is the negative real interest rate in India. The Reserve Bank (RBI) has callously held interest rate at 4% since May last year, ET, while retail inflation was 6.6% in 2020, World Bank. Low interest rate allows the rich to borrow money to buy assets and high inflation reduces value of their debt. Even billionaire Uday Kotak tweeted, "Central banks and sovereigns globally have 1 medicine for all problems: print money," "Like climate change it is the future generation's problem. We need to solve it not kick the can." The rich and strong don't need help. The nation does.