Skip to content

India’s Wealth Gap Widens

Under Prime Minister Narendra Modi, the “billionaire Raj” is now more unequal than the British Raj under colonial occupation, when around 50% of income went to the richest 10% of the population.

Photo by Julian Yu / Unsplash

Inequality declined immediately post-independence until the early 1980s but shot up at the turn of the century and has widened sharply during Modi’s decade in power.

The inequality gap could actually be worse than the figures suggest; researchers at the World Inequality Database describe the quality of data in India as “notaby poor” and has deteriorated further in recent years.

Comments

Latest

Support For NATO Spending Grows

Support For NATO Spending Grows

Despite world defense spending reaching a record $2.2 trillion last year, 77% of citizens of NATO countries believe they should increase or maintain defense spending – up from 70% in 2021.

Members Public