mention two important factors for the inequality in the lives of people in India
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Answer:
1) India added 17 new billionaires last year, raising the number to 101 billionaires.
2) Indian billionaires’ wealth increased by INR 4891 billion —from INR 15,778 billion to over INR 20,676 billion. INR 4891 billion is sufficient to finance 85 per cent of the all states' budget on Health and Education.
3) 73 percent of the wealth generated last year went to the richest one percent, while 67 crore Indians who comprise the poorest half of the population saw one percent increase in their wealth.
4) In the last 12 months the wealth of this elite group increased by Rs 20,913 billion. This amount is equivalent to total budget of Central Government in 2017-18.
5) 37% of India’s billionaires have inherited (family) wealth. They control 51 per cent of the total wealth of billionaires in the country
6) Only four women billionaires in India and three of them inherited family wealth