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#BTBestBanks #BTBankingSummit #BTBankingAndEconomySummit #Gujarat #ArvindPanagariya #Inequality During the BT Banking & Economy Summit, Dr. Arvind Panagariya, Chairman of the 16th Finance Commission, engaged in a conversation with Siddharth Zarabi, Managing Editor of BTTV. Dr. Panagariya refuted claims of increasing income and wealth inequality in India. He emphasized that inequality encompasses various measures, and it's always possible to find metrics that indicate rising inequality. Dr. Panagariya criticized alarmists who exploit such measures, highlighting that wealth creation is inherent to economic growth. He asserted that when a country generates wealth, certain individuals are bound to create it. The crucial aspect, he emphasized, lies in how this wealth is allocated for further productive growth. ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook: / businesstoday twitter: / business_today Instagram: / business_today