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.

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.

Find More Ranks and Reports Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

MHA Draft Citizenship Amendments Explained: Key Proposed Changes

The Ministry of Home Affairs has proposed the important changes to the India's citizenship framework.…

13 hours ago

Amit Shah Chairs Central Zonal Council Meeting in Jagdalpur

Respectable Union Home Minister Amit Shah is chairing the Central Zonal Council meeting in the Jagdalpur,…

14 hours ago

Lok Sabha Speaker Om Birla Constitutes Committee on Empowerment of Women

Lok Sabha Speaker Shri. Om Birla has constituted the Committee on Empowerment of Women. This…

14 hours ago

Indian Air Force Officer Squadron Leader Saanya Becomes First Woman Cat-A Flying Instructor

The Indian Air Force has marked the historic milestone as Squadron Leader Saanya has becomethe first…

14 hours ago

Amit Shah Launches AI-Powered Dial 112 Emergency Response Vehicles in Chhattisgarh

Respectable Union Home Minister Amit Shah has launched the major public safety initiative by flagging…

14 hours ago

Former Uttarakhand CM B. C. Khanduri Passes Away, Nation Mourns Veteran BJP Leader

Major General (Retd.) Bhuvan Chandra Khanduri, the former Uttarakhand Chief Minister and senior BJP leader,…

16 hours ago