In this episode of ‘Editorial’, Mr. Sujit Nair discusses about the prevalent income inequality in India where Mr. Nair refers to a report by Goldman Sachs titled ‘The Rise Of Affluent India’. The report says 49.7% of India’s working population earns less than ₹ 1.25 lakhs annually while only 4.1% earns more than ₹ 8.3 lakh annually. The report further says that the working group that earns less than ₹ 1.25 lakhs annually, their income growth has been reduced to -2.5% while the age group that earns more than ₹ 8.3 lakhs, their income growth has increased by 12.6%.
#incomeinequality #modi #narendramodi #bjp #poverty #unemployment #inflation #development #india #indianeconomy #HWNews
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