According to the Asia-Pacific wealth report, Japan’s richest persons have the largest wealth accumulation in the Asia-Pacific region, however, Chinese millionaires are also catching up to them. Meanwhile, Indian millionaires are adding wealth at the fastest in the region, which India can take pride in it. But the reality is that the bottom 60%, the majority of the population, owns less than 5% of the country’s wealth. This growing inequality threatens to destroy the fabric of Indian democracy.
Explore the site:
Latest posts by Santhosh Kumar (see all)
- Demonetisation – A Success or a Failure? - April 20, 2019
- [Premium] Lateral Entry in Civil Services – Will it Bring Better Governance? - April 18, 2019
- Electric Vehicles – Is India Ready for it? - April 15, 2019