India: Land of 'poor and extreme inequality'! World report!
10 per cent of the people earn 56 per cent of the total national income of the country.
India is a country of poverty and extreme inequality. World Inequality Report 2022 Why india is a country of inequality, 10 per cent of the people earn 56 per cent of the country's total national income.
The lower 50 per cent of the population earns only 13 per cent of the country's income.
The income of rich countries has decreased by half and that of the relatively poor countries has decreased by half. This is because of the extreme effects of South and Southeast Asia. Especially in India.
The report clearly states that 10 per cent of the country's top rich earn 56 per cent of India's gross national income. The lower 50 per cent, that is, the poor and lower-middle class, have to live on 13 percent of the country's total income.
The average annual income of an adult indian in 2021 is 2 lakh 4 thousand 200 rupees.
And the top 10 per cent earns twenty times as much. Which averages more than 11 lakh rupees.
According to a recent report by the Policy Commission, one out of every four people in india falls into this category in the Multidimensional Poverty Index.
Bihar has the highest population (51.91 per cent of the total population of the state) in the extremely poor category. It is followed by jharkhand (42.17 per cent) and Uttar Pradesh (38.69 per cent).