Friday, December 15, 2017

India's Inequality

"In 2014, the share of national income captured by India's top 1% of earners was 22%, while share of top 10% of earners was around 56%. Top 0.1% of earners has continued to capture more growth than all those in the bottom 50% combined," the report said. The bottom 50% now have about 15% share in the total income. 

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