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.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
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.
Did you know some animals sleep through the bright day and come alive only after…
The Winter Olympics 2026 are one of the most important global sporting events of the…
As you know the ODI Cricket World Cup 2024 is concluded on 19th November 2023…
Did you know there is a famous palace in India that seems to breathe with…
Did you know India is home to some of the tallest and most powerful dams…
Indian Railways has achieved an important milestone by launching the country’s first LNG–Diesel dual-fuel DEMU…