Know what does the OXFAM report on economic inequality says?
OXFAM has presented a report on economic inequality in India. According to the report, 50 percent of India's population owns only 3 percent of the country's wealth. The country's 21 billionaires have more wealth than the wealth of 700 million Indians.
Jan 17, 2023, 23:26 PM ISTIndia's richest one per cent now own more than 40 per cent of country's total wealth, finds new study
Oxfam International's annual inequality report said that if India's billionaires are taxed once at 2 per cent on their entire wealth, it would support the requirement of Rs 40,423 crore for the nutrition of malnourished in the country for the next three years.
Jan 16, 2023, 11:06 AM ISTCovid-19 pandemic created one new billionaire every 30 hours, finds Oxfam's 'Profiting from Pain' report
The Oxfam report also stated that billionaires’ wealth has risen more in the first 24 months of Covid-19 than in 23 years combined.
May 23, 2022, 13:35 PM ISTWorld's 10 richest will take 414 years to spend their combined wealth, finds study
A study by Oxfam International has said that it would take the 10 billionaires 414 years to spend their combined wealth at a rate of a million dollars each per day.
Jan 18, 2022, 10:14 AM ISTDNA: Analysis of the gap between rich and poor
Why is the economic distance between rich and poor increasing; Watch this special segment of DNA to know...
Jan 21, 2020, 23:38 PM ISTIndia's richest 1% now hold 58% of the country's total wealth
In signs of rising income inequality, India's richest 1 percent now hold a huge 58 percent of the country's total wealth -- higher than the global figure of about 50 percent, a new study showed today.
Jan 16, 2017, 11:38 AM IST