India’s ‘Billionaire Raj’ — top 1% held 22.6% of the country’s income and 40.1% of wealth in 2022-23

The wealth concentrated in the richest 1% of India’s population is at its highest in six decades since 1961, and their percentage share of income exceeds that of countries including Brazil and the United States, a research group the World Inequality Lab said in a report based on a study.   Groundxero | March 20, 2024 […]