Why should it be any different?

In an interview with Business Today, economist and Member of Parliament Subramanian Swamy said, "Firstly, I would announce that effective from April 1, no income tax will be paid by anybody. And once normalcy comes, I think we should start making it permanent." He also says that the prime lending rate that banks charge on loans should be brought down from 12% to 9% and the interest that banks pay on fixed deposits should be increased from 6% to 9%. He does not say how banks will make any profit to pay their staff. Diametrically opposite, "Indian billionaires saw their combined fortunes more than double during the COVID-19 pandemic, and their count shot up by 39 percent to 142, while the wealth of the ten richest is enough to fund school and higher education of children in the country for 25 years," ET. A report by the British charity group Oxfam said that, "142 Indian billionaires collectively own wealth of USD 719 billion (over Rs 53 trillion), while the richest 98 of them now have the same wealth as the poorest 55.5 crore (555 million) in the bottom 40 percent (USD 657 billion or nearly Rs 49 trillion)." This is the central theory of Communism, stated simply as "From each according to his ability, to each according to his needs", Britannica. It is impossible to find the salary of the present director of Oxfam but in 2016/17, then CEO Mark Goldring received compensation of 127,753 pounds, DM, which would convert to about Rs 12.80 million at today's exchange rate of Rs 101 to one pound, xe. To be fair, bosses of US charities are paid in excess of $1 million, about five times what Goldring received in 2017, Charity Watch. Will redistribution produce jobs paying a living wage, which will provide for all the necessities for daily life and insure against falling into poverty due to an emergency (Investopedia), for millions of unemployed young people? If not, redistribution will keep India permanently stuck in a cycle of poverty and handouts. "To get out of this poverty trap, we first need to raise incomes which require job creation. On the one hand, our 'growth' is jobless, and on the other, there is a lack of structural change with the share of the workforce in agriculture actually increasing. This does not bode well for our demographic dividend," wrote S Irudaya Rajan. The Periodic Labour Force Survey (PLFS) 2019/20 showed that 38.5% of people over 15 years of age had secondary school education and 11.8% were graduates and above, but just 4.1% have technical training. Lack of jobs is because "India bypassed the manufacturing stage and witnessed a rather atypical rise in the share of services in its gross domestic product (GDP), wrote Dharmakirti Joshi. About 67% of the population, or 930 million people, are in the working age group of 15-64 years of age. So we need to set up labor intensive manufacturing. "India's growth has been powered by high-end services like software and finance manned by highly skilled workers. There have been few manufacturing or factory jobs that can absorb a large number of unskilled and low-skilled workers," BBC. Unfortunately, instead of increasing trade with other countries,  the government has resorted to import substitution to protect domestic manufacture, but this phased manufacturing program was tried in the pre-reform era with disastrous consequences. wrote Prof Arvind Panagariya. Same action will deliver the same result. Why should it be different this time?