TIL - In India top 1% of income earners now control over 40% of the country's wealth
A significant increase from 12.5% in 1980
LooseGoose
Stealth
a month ago
If only the top 1% could keep their money, would India have seen real progress
TigOldBitties
Stealth
a month ago
And govt controls 100% of that 40%
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Wealth inequality in India at it's highest. 1% of people control 40% of the wealth 🤔
What percentage of Grapevine lies in the top 1%
India's wealth inequality is at a six-decade high with the top 1% owning 40.1% of wealth. Foreign investments led to a surge in billionaires...
https://economictimes.indiatimes.com/news/india/indias-richest-1-has-highest-concentration-of-wealth-in-decades-study-shows/articleshow/108650367.cms?from=mdr