Studies have shown that in many countries the income gap between the rich and poor is ever increasing. What problems can arise from this situation and what could be done to address this situation?

To begin

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with, social instability is one of the most disastrous consequences of the income gap.

This

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is because of the fact that weaker sections of the society will fall short of funds due to poor wages which in turn hampers their education which gives a big blow to the country's literacy.

Furthermore

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, low qualification and illiteracy again land them in low-income jobs and

this

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vicious cycle becomes pervasive.

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,

this

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makes them prone to financial exploitation by the elite groups in the society and in turn, the oppressed resort to anti-social activities.

For instance

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, few parts of the country record high crime rates because of the polarisation of resources.

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,

this

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condition casts a negative impact on the entire state.

On the other hand

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, to address

this

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issue, measures are to be initiated on a war footing. In order to resolve

this

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, the government must come up with exceptional ideas, One of them is to establish a regulatory authority to monitor and regulate the take-home incomes of the population.

This

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ensures to entrench uniformity.

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, basic amenities like education, housing etc., should be made accessible to all the downtrodden communities, owing to the fact that

this

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breaks the chain of poverty.

For example

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, the MNREGA scheme and homes for urban poor policy adopted by the authorities come under

this

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category.

Hence

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, these steps help to decrease the intensity of the problem.