Oxfam India released ‘Inequality Kills’ Report

Oxfam India released ‘Inequality Kills’ Report

Daily Current Affairs   /   Oxfam India released ‘Inequality Kills’ Report

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Category : Miscellaneous Published on: January 20 2022

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  • According to Oxfam India, “Inequality Kills” report, the wealth of India’s richest families reached a record high in 2021. 
  • In the report, India was described as a ‘very unequal,’ country, as the top 10 people in India hold 57 percent of the wealth. On the other hand, the share of the bottom half is 13 percent.
  • The report states that 84% of Indian households witnessed an income decline amid the covid-19 pandemic. 
  • The richest 98 Indians own the same wealth as the bottom 552 million people.
  •  The number of Indian billionaires increased from 102 to 142, during 2021. The wealth of the top 100 families is Rs 57.3 trillion.
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