Q. Under the Indian Constitution, concentration of wealth violates

Explanation : 

Article 39(b) and (c) of the Indian Constitution

Article 39(b) and (c) are clauses within the Constitution of India, which is the supreme law of India. These clauses are part of the Directive Principles of State Policy, which are guidelines or principles set out in Part IV of the Constitution. The Directive Principles are not justiciable, meaning they are not enforceable by any court, but they are considered fundamental in the governance of the country, and it is the duty of the State to apply these principles in making laws.

Article 39(b) and (c) Provisions

Specifically, Article 39(b) and (c) state the following:
Article 39: The State shall, in particular, direct its policy towards securing
– (b) that the ownership and control of the material resources of the community are so distributed as best to subserve the common good;
– (c) that the operation of the economic system does not result in the concentration of wealth and means of production to the common detriment.

Significance of Article 39(b) and (c)

These provisions aim to ensure that economic equality and equitable distribution of resources are maintained as part of the country’s social and economic policies. They reflect the commitment of the Indian State to build a society where the distribution of wealth does not lead to disparities and where the economy operates in a manner that benefits all sections of the population.

Impact on Legislation and Policy

The principles laid out in Article 39(b) and (c) have been used as a basis for various land reform laws and policies aimed at redistributing resources for the common good. They also serve as guiding factors for the state when enacting legislation related to economic activities and regulation of industries to prevent the concentration of wealth in a few hands.