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Income inequality in India at its highest level since 1922

The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, says renowned economist Lucas Chancel.

Plus, 57 Indian Billionaires  own wealth equal to the bottom 70% of India’s population. These cartoons (credit: WhatsApp) says it all.

Selfie le le re
Pyaar do..err..Paisa do..paisa lo..
Kids of Rich Dad.Poor Dad.

We need more inclusive growth in this country. Will digital penetration help?

Source: Income inequality in India at its highest level since 1922, says Lucas Chancel – The Hindu

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