Income Inequality Widens: Share of India’s Top 1% is 22.6%

Name: Income Inequality Widens: Share of India’s Top 1% is 22.6%
Uploaded: 2024-01-01T00:00:00+00:00
Duration: 11 min
Description: Published On: March 21, 2024 - Income inequality in India widens and touches historic highs, a paper on income and wealth inequality shows. The share of India’s top 1% in income is 22.6%, while their share in wealth stands at 40.1%. Interestingly, the share of India’s top 1% is highest in the world.

2024 • 11min • News • Business

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Published On: March 21, 2024 - Income inequality in India widens and touches historic highs, a paper on income and wealth inequality shows. The share of India’s top 1% in income is 22.6%, while their share in wealth stands at 40.1%. Interestingly, the share of India’s top 1% is highest in the world.