Categories: Ranks & Reports

Oxfam India released ‘Inequality Kills’ Report

According to Oxfam India, “Inequality Kills” report, the wealth of India’s richest families reached to a record high in 2021. In the report, India was described as a ‘very unequal,’ country, as the top 10 people in India holds 57 per cent of the wealth. On the other hand, the share of the bottom half is 13 per cent.

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The report states that 84% of Indian households witnessed an income decline amid the covid-19 pandemic. The richest 98 Indians own the same wealth as the bottom 552 million people. The number of Indian billionaires increased from 102 to 142, during 2021. The wealth of the top 100 families is Rs 57.3 trillion.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.

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