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

15mo ago

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GroovyBoba

We need to pump that number up.

ZippyMochi

DerpyBurrito

And govt controls 100% of that 40%

GigglyMuffin

What is new? Classic example of pareto principle

GroovyPotato

If only the top 1% could keep their money, would India have seen real progress

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