Top 10 Richest Indians Saw 32.8% Increase In Wealth During 2021-22: Oxfam Report
By Sana Fazili The top 1% of India owned over 40% of total wealth from 2012 to 2021, while the bottom 50% of the population has around 3% of total wealth, Oxfam's annual equality report released on Monday said. The report used sources like Forbes and Credit Suisse to look at the inequality of wealth in the country. It also looked at government sources like NSS, Union Budget documents and Parliamentary questions to corroborate its arguments. Oxfam India’s latest report was released on the opening day of the World Economic Forum in Davos, Switzerland. The number of billionaires in India increase...