Income Inequality Highest in India Since 1980s

Since 1980 India has led to substantial increase in inequality so much that top 0.1% of earners has continued to capture more growth than all those in the bottom 50% combined, according to the World Inequality Lab in its World Inequality Report 2018.

In 2014, the share of national income captured by India’s top 1% of earners was 22%, while the share of top 10% of earners was around 56%.
Source- The Economic Times

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