Under the Indian Constitution, concentration of wealth violates the Directive Principles of State Policy. The Directive Principles are a set of guidelines given to the government to be followed while framing policies and making laws. These principles are non-justiciable, meaning that they cannot be enforced by the courts, but they serve as a moral and ethical compass for the government.

Article 39 of the Directive Principles of State Policy states that the distribution of material resources should be such as to subserve the common good. It further provides that the State shall, in particular, direct its policy towards securing that the ownership and control of the material resources of the community are so distributed as to best serve the common good.

Concentration of wealth in a few hands can lead to economic inequality and social injustice, which is against the principle of securing the distribution of resources to serve the common good. Therefore, the Indian Constitution aims to prevent the concentration of wealth and ensure a more equitable distribution of resources, which is in line with the Directive Principles of State Policy.