Inequality in India greater today than at the height of the British Raj
The top 1 percent of India’s population gorged on 22.6 percent of national income and 40.1 percent of national wealth in 2022-23.
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The top 1 percent of India’s population gorged on 22.6 percent of national income and 40.1 percent of national wealth in 2022-23.
Hurun's Rupert Hoogewerf discusses the wealth disparities among Indians, Chinese, and UK individuals. He emphasizes the confidence of Indian businessmen and the growth in the number of affluent individuals on the Hurun India Rich List.
According to the Hurun India Rich List 2023, there are 1,319 individuals with wealth over Rs 1,000 crore in the country, marking an increase of 216 individuals and 278 new entrants. This is the first time the list has surpassed the 1,300 mark, recording a 76% increase over the last five years.
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