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.
One of the major domestic first-class cricket competitions in India is the Duleep Trophy. This…
India is set to expand apart from the Mumbai-Ahmedabad rail corridor and developing plans for…
The ceremony of 72nd National Film Awards will take place in Ekta Nagar in Narmada…
The appearance of the continents depicted on the map might not correspond to their real…
The BRICS Cross-border Payment System is an initiative launched by the BRICS nations to improve…
Union Home Minister and Minister of Cooperation Amit Shah conferred the President’s Colour on Goa…