Survival of the Richest — Oxfam blasts India at WEF
Extreme wealth and extreme poverty have increased concurrently for the first time globally in 25 years
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Extreme wealth and extreme poverty have increased concurrently for the first time globally in 25 years
New Delhi, Jan 16 (Prensa Latina) More than 40 percent of India's wealth belongs to one percent of the country's population, according to a report released today by the non-profit motive group Oxfam India.
India’s rich families have grown by 11 per cent in 2021 with as many as 4,58,000 dollar-millionaire households recording a net worth of at least Rs 7 crore, as per Hurun India’s Wealth Report 2021. The report comes a month after Oxfam, in its inequality report titled ‘Inequality Kills: India Supplement 2022’, reported that since 2015, more and more of India’s wealth has gone
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