Davos It has been said in the report that 1% of India’s wealthy people have equal money equivalent to 73% of the country’s population. It has also been said that the wealth of India’s wealth has increased by one per cent and it has reached 20.9 lakh crore. These amounts are equal to the general budget presented by the Central Government in the last year (2017-18).
Before the World Economic Forum report
– International Rights Group Oxfam has released a report titled ‘Reward Works, Not Wealth’ title. It explains the inequality of rising income in the country.
– This report is issued when the World Economic Forum (WEF) is to be held in Davos. Narendra Modi has come out to take part in it. The issue of income and gender inequality can be discussed in the forum.
– 67% Indians in the report have been described as the poorest population of the country.
– In the Oxfam report released last year, it was said that 58% of the country’s wealth is in the hands of 1% of the rich people in India.
What else was said in the report?
– “In 2017 it was seen that the number of billionaires has increased, since 2010, the average wealth of billionaires has increased by 13%, which is 6 times more than the salaries of general workers.”
– It has been stated in the study that “Workers working in rural areas in India will take 941 years to reach the top executives.”
“At the same time, in the US, a CEO earns a day, a normal worker takes a year to earn.”
How did the survey?
– Oxfam’s Global Survey covers 1 million 20 thousand people from 10 countries.
– Oxfam says that nearly two-thirds of those who take part in the survey think that the gap between the rich and the poor should be overcome quickly.
– In the survey, the US, the UK and India said that 60% reductions in the salary of the CEOs.
Oxfam Government Recommendations
Oxfam India has suggested to the Indian government that the economy works not only for a few people but for every man.
– “By promoting the labor-based sector, the growth will increase, new jobs will come and investment will be in agriculture.”
– It has also been said in the report, “Last year 17 new billionaires were involved in India, now their number is 101.”
– “10% of India’s population has 73% of the wealth, while 37% of the billionaires have inherited property from the property.”
Wealth of 1% of the wealth of India increased to 21 lakh crores, this amount was equivalent to last year’s budget: report, national news in hindi, national news
Wealth of 1% of the wealth of India increased to 21 lakh crores, this amount was equivalent to last year’s budget: report, national news in hindi, national news
Wealth of 1% of the wealth of India increased to 21 lakh crores, this amount was equivalent to last year’s budget: report, national news in hindi, national news
