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Under the Indian Constitution,concentration of wealth violates?

  • Under the Indian Constitution, the concentration of wealth violates the Directive Principles of State Policy.
  • Article 39(c) of the DPSP states that “the operation of the economic system does not result in the concentration of wealth and means of production to the common detriment”.
  • The concentration of wealth in the hands of the richest has aggravated the rich-poor gap and inequality in India.
  • Directive Principles of State Policy

    • The Directive Principles of State Policy are mentioned in articles 36-51 of the Indian Constitution(Part – 4)
    • Article 37 of the Constitution deals with the application of DPSP. It also states that they are not enforceable by any court nor fundamental in the governance of the country.
    • DPSP, borrowed from the Irish Constitution, seeks to ensure social, economic, and political rights for the citizens of India and make India a welfare state.
    • The Directive Principles of State Policy are classified into :
    1. Social and Economic principles
    2. Gandhian principles
    3. Principles and policies related to International peace and security
    4. Miscellaneous 
    • The 42nd constitutional amendment of 1976 added four new Directive Principles of State Policy.

    Further Reading:

    Find more related IAS Questions in the linked article. 

    Related Links:

    Right to Equality

    Right to Freedom

    Constitution of India

    Judicial Review

    Comparison of Constitutions

    Right against Exploitation

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