The Dramatic Rise in Wealth Inequality*

Jan 25th 2018, Prabhat Patnaik
Oxfam has just produced a report in which it highlights the dramatic increase in wealth inequality that is occurring in India. The basic data it uses are from Credit Suisse which regularly brings out a Global Wealth Databook; and according to Credit Suisse the top 1 percent of the population in India cornered 73 percent of the additional wealth generated in the year 2017.
    
* This article was originally published in The Citizen on January 24, 2018.


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