One percent of the rich have more than 40 percent of the country's wealth
Report of Oxfam International: If a 2% tax is imposed on the rich people, and the nutrition of the malnourished for three years, 50% of the population has only 3% of the total wealth.
The richest 1% of people in India have more than 40% of the total wealth of the country. On the other hand, 50 percent of the population owns only three percent of the total wealth. Oxfam International gave this information in its inequality report on Monday, the first day of the annual meeting of the World Economic Forum (WEF).
According to the report, imposing a five percent tax on the 10 richest people in India could provide the funds to bring dropout children back to school. Titled Survival of the Richest, the report said that if a one-time tax of 2 percent was imposed on the entire wealth of India's billionaires, the country would meet the need of Rs 40,423 crore to feed the malnourished for the next three years. Will be able to go According to the report, the amount received by imposing a one-time tax of five percent (Rs 1.37 lakh crore) on the country's 10 richest billionaires is 1.5 times more than the budget of the Ministry of Health-Family Welfare (Rs 86,200 crore) and the Ministry of AYUSH for 2022-23. Will be
On the issue of gender inequality, the report said that women workers get only 63 paise for every rupee earned by a male worker. Similarly, there is a difference in the remuneration received by Scheduled Castes and rural workers. Scheduled castes get 55 percent and rural labourers get 50 percent of the wages compared to the wages received by the advanced social class.
Oxfam says that the richest 1 percent of people globally acquired almost twice as much wealth as the rest of the world's population in the last two years. According to the report, the wealth of billionaires is increasing by $ 2.7 billion daily. At least 1.7 billion workers live in countries where the rate of inflation exceeds wage growth.