India’s Top 1% Income, Wealth Shares Soar, Reports World Inequality Lab
A recent study paper shows the growing income disparity in India since 2000s as the top 1 percent population share in income and wealth soaring to 22.6 percent and 40.1 percent, respectively, by 2022-23. The paper, titled ‘Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj’, authored by Thomas Piketty of … Read more