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Tag: Income and Wealth Inequality in India

Top 1% Indians’ income share is higher now than under British-rule: Data

Posted on March 23, 2024 By admin
Top 1% Indians’ income share is higher now than under British-rule: Data

Dharavi, one of Asia’s largest slums, in Mumbai., located alongside skyscrapers and luxury apartments | Photo Credit: Reuters In 2022, 22.6% of the national income went to the top 1% of Indians. Cut to 1951, their share in the income was only 11.5% and even lower in the 1980s — just before India opened up its…

Read More “Top 1% Indians’ income share is higher now than under British-rule: Data” »

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