Tag: inequality in India

Inequality Rising Since 2000s, Top 1% In India Holds 40% Wealth: Study

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The paper said the quality of economic data in India is notably poor (Representational) New Delhi: Inequality in India has skyrocketed since the early 2000s, with the income and wealth share of the top 1 per cent population rising to 22.6 per cent and 40.1 per cent, respectively, in 2022-23, according to a working paper….

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Data | The problems with the Prime Minister’s economic claims

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Official rhetoric on India becoming a $5 trillion dollar economy has resumed, with the Prime Minister’s remarks at the BRICS conference last week. However, these claims are riddled with problems. | Photo Credit: Reuters Addressing the BRICS Business Forum Leaders’ Dialogue at Johannesburg last week, Prime Minister Narendra Modi said, “Soon, India will become a…

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