Income Inequality Highest in India since 1980s
December 16th, 2017
Since 1980 India led to substantial increase in inequality so much that top 0.1% of earners has continued to capture more growth than all those in the bottom 50% combined, according to the World Inequality Lab in its World Inequality Report 2018. In 2014, the share of national income captured by India’s top 1% of earners was 22%, while the share of top 10% of earners was around 56%.