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

2024 • 11min • News • Business


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.