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Forwarded from UPSC SUPER SIMPLIFIED (Dr. Gaurav J. Sontake)
The richest 100 Indians have combined wealth greater than total wealth of 600 millions Indians.
— India's wealthiest 1% now control staggering 40% of the nation's wealth, in a show of economic inequality.
— 50% of Indian (700 million people) own just 13% of India's total wealth, in contrast to 1% owning 40% wealth.
— Economic policies have accelerated the divide, as rich get richer while poor have become more poorer. - report
➜ Oxfam has published report on fast growing economic inequality in India
— India's wealthiest 1% now control staggering 40% of the nation's wealth, in a show of economic inequality.
— 50% of Indian (700 million people) own just 13% of India's total wealth, in contrast to 1% owning 40% wealth.
— Economic policies have accelerated the divide, as rich get richer while poor have become more poorer. - report
➜ Oxfam has published report on fast growing economic inequality in India