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Income Reallocation Scheme" authored by Baswarup Roy introduces a pioneering approach to address economic inequality and enhance social welfare. Roy's proposal centers on the concept of redistributing income to bridge the gap between the affluent and the marginalized. The scheme envisions a comprehensive framework that involves progressive taxation on higher incomes and profitable businesses, coupled with direct financial support for lower-income households.Roy's work emphasizes the importance of a balanced society where resources are equitably distributed, enabling everyone to access fundamental opportunities and enjoy a decent standard of living. By realigning wealth through a well-structured plan, the scheme strives to create a more just and inclusive economic landscape. It draws attention to the potential of this reallocation not only to mitigate financial disparities but also to stimulate overall economic growth by empowering a larger consumer base."Income Reallocation Scheme" challenges existing notions of economic policy and calls for a collaborative effort from governments, businesses, and individuals to foster collective prosperity. Baswarup Roy's insightful analysis renews the conversation on income inequality and offers a compelling blueprint for a fairer, more harmonious society.
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