29/06/2022
How is income in India distributed?
• Top 1% population make 22%
• Next 10% make 37%
• Bottom 50% make 13%
India has become one of the countries with the most extreme income and wealth inequality. While the top 1% population owns 33% of the country's wealth, its bottom 50% has only 5.9%. (World Inequality Report, 2022)
The statistics are so fascinating when you look at it. you just need to earn 55 lakh per year every year to be in top 1% club of india.
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