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Top 10% of Urban Indian Households has 7,517 Times the Assets of the Bottom Decile

The average value of assets (AVA) of the top ten percent of urban households in India is more than seven thousand five hundred times greater than what the bottom ten percent owns. The AVA of the top decile was Rs. 1.5 crores, while the lowest decile owned an average of Rs. 2,000 of assets. The data is part of the All India Debt and Investment Survey - 2019, the survey for...

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Top 1% of Indians own 40.5% percent wealth, bottom 50% has around 3% - Oxfam Inequality report

Following the pandemic, the income of the bottom 50 per cent of the population is estimated at 13 percent of national income and 3 percent of total wealth Apoorva Mahendru, Kanishk Gomes, Mayurakshi Dutta, Noopur, Pravas Ranjan Mishra Oxfam International's annual inequality report makes for stark reading. The India supplement, part of the main report, states that the top 1 percent of Indians own nearly 40.6 percent of the total wealth in...

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Digital Divide: Tech Access Limited to Male, Urban, Upper Caste & Class, Says Oxfam Report

-PTI/ Newsclick.in Percentage of men owning phones in India is as high as 61% while only 31% of women owned phones in 2021. New Delhi: The percentage of men owning phones is as high as 61% while only 31% of women-owned phones in 2021, according to a new report, which claimed that India's growing inequalities based on caste, religion, gender, class, and geographic location are being worryingly replicated in the digital space. Oxfam...

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Why Economic Inequality is a Burning Issue that Needs Attention -Atman Shah and Dipak Chaudhari

-Newsclick.in Inequality is not natural but manufactured. It’s time policymakers stopped normalising the wealth and income gap. Else, post-Covid inequality could become a permanent feature. Wealth and income inequality are more than just economic concepts. They also influence education and health outcomes, poverty levels, employment and unemployment rates, opportunities, choices, and, ultimately, happiness. Of late, several reports have investigated the impact of COVID-19 on various segments of society at the regional, national,...

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Dropping out: Editorial on India Discrimination Report 2022

-The Telegraph The women’s labour force participation rate, which measures the proportion of women in the age group of 15 to 64 who are working or are actively seeking work, has been estimated to be 25.1 per cent India Discrimination Report 2022 has been recently published by Oxfam. The data used in this report are drawn from the National Sample Survey, Periodic Labour Force Survey, and the All India Debt and Investment...

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