Current Trends in Indian Economy
Oxfam India’s Report on Inequality:
- The Rights Group Oxfam International has released the India supplement of its annual inequality report on the World Economic Forum Annual Meeting
- Title of the Report – “Survival of the Richest”
Highlight of the report:
- The richest 1% in India own more than 40% of the country’s total wealth
- The bottom half of the population together share just 3% of country’s wealth
About Oxfam:
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- Oxfam International was formed in 1995
- It is a global movement of people who are fighting inequality to end poverty and injustice
- Its Secretariat is based in Nairobi, Kenya
