Month: March 2021

How Top 100 Indian Billionaires can play a Crucial Role in Reducing Income Inequality

According to Oxfam’s report, India’s top 10% of the population holds 74.3% of the total national wealth while the bottom 90% owns 25.7% of national wealth. The report puts the gravity of this inequality problem at the center stage.

In fact, if we look at the increase in wealth of India’s top 11 billionaires during the pandemic, we can see that the amount could sustain the NREGS scheme or the health ministry for the coming ten years.