Rising earnings inequality is a sizzling subject dominating the nationwide elections.
India is the fastest-growing main financial system on this planet. However, the advantages of India’s development usually are not trickling all the way down to poor individuals. The richest 1 % of the inhabitants owns 40 % of the nation’s wealth.
The inequality hole has widened sharply underneath Prime Minister Narendra Modi’s decade in energy. It’s now a flashpoint within the nation’s nationwide elections, with sizzling subjects together with inheritance taxes and wealth redistribution.
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