'A Growing Number of Billionaires Is a Sign of Failure'

'A Growing Number of Billionaires Is a Sign of Failure'

Mar 14 (IPS) - It is no secret that economic inequality has risen exponentially in the last few decades, both in India and globally. According to the World Inequality Report 2022, India is one of the most unequal countries in the world in terms of both income and wealth inequality. It is estimated that in 2021, the top 10 percent of Indians held 57 percent of the total national income while the bottom 50 percent’s share was just 13 percent.

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https://www.globalissues.org/news/2022/03/14/30328 [Collection]