224 crore people of india are in abject poverty chidambaram said there is great wealth on one side while on the other there is also abject poverty the bottom 50 per cent can only be lifted out of poverty and brought into middle class and ours becoming a middle income economy if we reset our economic policy he said the first set of economic policy created conditions for faster growth the second set that we must begin today must clearly aim at distributing wealth ensuring that not only wealth is created but work is created and equality and equity are created we must not flinch we must not be afraid to openly declare that from this day onwards the congress economic policies will create work create wealth but will ensure that it is equitably distributed so that the bottom 50 per cent of the population gets most of the benefits in the next 1020 years chidambaram said attacking the bjp he said the party will not do it as it believes in cronyism concentrating wealth in a few hands and creating monopolies we must determine that this concentration would be broken cronyism will be broken we must get rid of cronyism monopolies and concentration of wealth he said the party in its economic resolution promised that it would prevent what it alleged was loot of public exchequer to fund crony capitalists and establishment of private monopolies with the adani maha mega scam unfolding in the last few weeks we cannot allow the government to run away from its responsibility at the instance of the government rahul gandhis questions and large portions of congress president mallikarjun kharges speech have been arbitrarily expunged from the parliamentary record but the people of india are watching what is happening in parliament the economic resolution said we want to know why this government is diminishing the value of parliamentary debates and why the pm prime minister is not answering pertinent questions in parliament the congress said to prevent open loot of the public exchequer to fund crony capitalists and to regain the investors confidence particularly retail investors the party demands a complete and transparent investigation of this scam by a joint parliamentary committee the economic resolution said the congress and the people of the country are determined to unearth the truth about how one group with doubtful credentials and alleged links with tax havenoperated offshore shell companies has monopolised critical assets of india it said yet all the government agencies are either missing in action or facilitating the group we want to know why the prime minister facilitated a crony capitalist to become the second richest person in the world and why he is silent on the hindenburg expose the party asked the congress asserted that it is not against any person rising from a humble place to become the second richest person in the world but is certainly against governmentfacilitated private monopolies the resolution said such monopolies are against the public interest more particularly