India's richest 1% have 73% of wealth

in riches •  7 years ago 
  • The richest 1% in India cornered 73% of wealth generated in country last year, a new servey showed.
  • Besides, 67 karod Indians comprising the populations poorest half so their wealth rise just by 1%.
  • It is acording to the international rights group oxfam.
  • The annual oxfam survey is mainly watched and as discussed in detail at world economic forum annual Meeting.
  • According to last year survey, 1% richest cornered 53% of total wealth.
  • Finally, kisi k to acche din aaye, to kya agar hum aaj bhi whi hai.

Source


2k note india.jpg
ImageSource


This is all for now, Thankyou guys for your visit. Feel free to post your comments.

Have a nice day, till next time see ya.... @singhrajat


1516475949483.png

Banner is provided by: @brindocorp


Singhrajat.gif

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

No wonder they are cracking down on cryptocurrenies..bastards

I guess your right

Income inequality is a beast. Research actually shows that a nation fairs better if there is more equal wealth distribution. However, it seems as though in all aspects of society (even in crypto-distribution), this is not the case.



I also wrote an article analyzing our society, specifically how we turn children into disastrous wrecks through entertainment. I would love to hear what you think! Danielle Bregoli (Catch me Outside) is the New Shirley Temple 🍭

A better distribution is 20% of the population controls 80% of the wealth. This distribution is very common in nature.

How about AI takes over all the control that results in 1:1 distribution and you no more need to struggle just for survival. I guess that will be best

Hmm. Perhaps. That still seems like a lot. Although, it may be common in nature, I am not sure that should apply to wealth distribution. Interesting video though, I love Vsauce!

It's probably the same in most countries. Perhaps the blockchain, cryptocurrencies, disintermediation and direct human to human interactions can result in some wealth redistribution.

And it is very much needed.

This post has been curated by TeamIndia (IndiaUnited), a dedicated team to support fellow Indians to write and promote quality content, please join our Discord Server . Delegate SP to @indiaunited to increase our influence. Community growth is precursor to Individual growth.

If you would like to delegate to @IndiaUnited you can do so by clicking on the following links: 5SP, 10SP, 15SP, 20SP 25SP, 50SP, 100SP, 250SP. Be sure to leave at least 50SP undelegated on your account.

Great, I will soon be participating in every event of Teamindia

Excellent friend very good post, support me with a vote I will be grateful

Those who believe in long term vision is working towards it however there are some who want it all.

Kerrn mata uang nya saya vote ya dan vote balek moreles

nice info.

is there a similar analysis about steemit, how about the top guys here?

Those who believe in long term vision is working towards it however there are some who want it all.
Mistakenly typed it on other reply XD

hope it will not go the india way

The funny thing is that the majority of the Indian population are quite demure and have fully accepted their fate under the caste system.

Yes, but this way of thinking must be changed.

writing titles or surnames should be totally abandoned in India, one can think it will not matter but i am from India and i thing any small change can make a big effect there.

This post has received a 0.27 % upvote from @booster thanks to: @singhrajat.

This post has received a 0.10 % upvote from @drotto thanks to: @singhrajat.

You got a 4.81% upvote from @postpromoter courtesy of @singhrajat! Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

nice info!! upvoted!! u may visit my profile for latest post!

Thank you @singhrajat for making a transfer to me for an upvote of 0.80% on this post! Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem! The other half helps holders of Steem power earn about 60% APR on a delegation to me! For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily? To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?

This post has received gratitude of 1.31 % from @appreciator thanks to: @singhrajat.