Do More With Reuters
Partner Services

Luxury mall showcases wealth gap in India

Tue Oct 14, 2008 10:37am IST
 
Email | Print | | Single Page
[-] Text [+]

By Krittivas Mukherjee NEW DELHI (Reuters) - With gold-plated ceilings, exotic fountains and the clink of champagne glasses, the Emporio Mall in New Delhi is the perfect place to wile away a hot afternoon browsing through designer boutiques.

The mall, adorned with palms and scented with lavender, is the exclusive playground of India's rich, which despite the effects of the credit crisis still have plenty of cash to buy designer accessories with thousand dollar price tags.

Getting access to this little piece of air conditioned paradise amid the hustle and bustle of the sweltering capital will cost $5. That's about one week's salary for 80 percent of India's billion plus population.

With a phalanx of security guards keeping out the destitute and a pricey admission fee, some social observers see India's first luxury mall as a symbol of an economic apartheid that they say increasingly divides the 'haves' and 'have nots' in India.

"The conditions, the ground conditions are not like those of Western cities," said Satish Deshpande, professor of sociology at the Delhi School of Economics.

"So, we are tending more and more toward a kind of apartheid, a kind of separation that is very sharp and sharply visible in our cities, in gated communities."

The widening wealth gap has major implications for India, which faces a general election next year, and has been plagued by waves of violence in its provinces that analysts say is at least partly due to the socioeconomic divide alienating segments of society.

The issue is likely to play a central role in next year's general election in which Prime Minister Manmohan Singh's Congress party will seek re-election.

The party took power in a coalition government four years ago on a platform of more 'inclusive growth' for India's 'have nots', a promise upon which it has mostly failed to deliver.  Continued...

India Investment Summit 2009
India Investment Summit 2009

Top executives and bankers discuss their own plans and the broader opportunities and challenges for India during the Reuters India Investment Summit in Mumbai and Bangalore.  Full Coverage | Blog 

Reuters correspondent Sourav Mishra recounts the unforgettable night of Nov. 26 at Mumbai's Leopold Cafe
Back from the Dead
REUTERS WITNESS - 26/11

Reuters correspondent Sourav Mishra recounts the night of Nov. 26 at Leopold Cafe.  Full Article | Full Coverage 

Photo
One Year Later

A look back at the events of 26/11 ahead of the first anniversary of the militant attacks in Mumbai that killed 166 people.  Slideshow | Full Coverage 

Cops on trail of "gingerbread town" vandals 12:30am IST 

OSLO (Reuters) - The people of Bergen rolled out the cookie dough Monday as local police tried to sniff out vandals who destroyed the Norwegian city's traditional Christmas decoration -- a town of gingerbread houses.  Full Article