Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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                            <p style="text-align:justify">-Scroll.in</p><p style="text-align:justify"><em>The non-profit group said that while the wealth of Indian billionaires rose by Rs 30 lakh crore during pandemic, over 4.6 crore people fell to extreme poverty.</em></p><p style="text-align:justify">The income of 84% Indian households declined in 2021 while the number of billionaires in the country grew from 102 to 142 during the last year, non-profit group Oxfam said in a report released on Sunday.</p><p style="text-align:justify">In its report titled &ldquo;<a href="https://im4change.org/upload/files/Inequality%20kills%20Oxfam%20briefing%20paper.pdf" title="https://im4change.org/upload/files/Inequality%20kills%20Oxfam%20briefing%20paper.pdf">Inequality Kills</a>&rdquo;, Oxfam said that in 2021, the collective wealth of India&rsquo;s 100 richest people hit a record high of Rs 57.3 lakh crore. However, in the same year, the bottom 50% of the country&rsquo;s population held just 6% of the national wealth.</p><p style="text-align:justify">Oxfam&rsquo;s analysis during the coronavirus pandemic (March 2020 to November 2021) showed that the wealth of Indian billionaires rose from Rs 23.14 lakh crore to Rs 53.16 lakh crore. In contrast, more than 4.6 crore Indians were estimated to have fallen into extreme poverty in 2020 alone. This number was nearly half of the global new poor according to the United Nations, Oxfam said in its report.</p><p style="text-align:justify">As a remedy to the growing wealth inequality in India, Oxfam suggested imposing a wealth tax on the super rich population of India.</p><p style="text-align:justify">&ldquo;It was found that by taxing just these super-rich families only 1% of their wealth, India could fund its entire vaccination programme cost of INR 500 billion [Rs 50,000 crore],&rdquo; the report noted. A 4% wealth tax on 98 richest families of India could account for the Union health ministry&rsquo;s budget for two years and the mid-day meal programme for 17 years, the Oxfam report said.</p><p style="text-align:justify">Please <a href="https://scroll.in/latest/1015219/income-of-84-indian-households-fell-in-2021-while-40-new-billionaires-emerged-oxfam-report" title="https://scroll.in/latest/1015219/income-of-84-indian-households-fell-in-2021-while-40-new-billionaires-emerged-oxfam-report">click here</a> to read more.&nbsp;</p>                                                           
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    <h1 class="cat-box-title">Income of 84% Indian households fell in 2021 while 40 new billionaires emerged: Oxfam report</h1>
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                            <p style="text-align:justify">-Scroll.in</p><p style="text-align:justify"><em>The non-profit group said that while the wealth of Indian billionaires rose by Rs 30 lakh crore during pandemic, over 4.6 crore people fell to extreme poverty.</em></p><p style="text-align:justify">The income of 84% Indian households declined in 2021 while the number of billionaires in the country grew from 102 to 142 during the last year, non-profit group Oxfam said in a report released on Sunday.</p><p style="text-align:justify">In its report titled &ldquo;<a href="https://im4change.org/upload/files/Inequality%20kills%20Oxfam%20briefing%20paper.pdf" title="https://im4change.org/upload/files/Inequality%20kills%20Oxfam%20briefing%20paper.pdf">Inequality Kills</a>&rdquo;, Oxfam said that in 2021, the collective wealth of India&rsquo;s 100 richest people hit a record high of Rs 57.3 lakh crore. However, in the same year, the bottom 50% of the country&rsquo;s population held just 6% of the national wealth.</p><p style="text-align:justify">Oxfam&rsquo;s analysis during the coronavirus pandemic (March 2020 to November 2021) showed that the wealth of Indian billionaires rose from Rs 23.14 lakh crore to Rs 53.16 lakh crore. In contrast, more than 4.6 crore Indians were estimated to have fallen into extreme poverty in 2020 alone. This number was nearly half of the global new poor according to the United Nations, Oxfam said in its report.</p><p style="text-align:justify">As a remedy to the growing wealth inequality in India, Oxfam suggested imposing a wealth tax on the super rich population of India.</p><p style="text-align:justify">&ldquo;It was found that by taxing just these super-rich families only 1% of their wealth, India could fund its entire vaccination programme cost of INR 500 billion [Rs 50,000 crore],&rdquo; the report noted. A 4% wealth tax on 98 richest families of India could account for the Union health ministry&rsquo;s budget for two years and the mid-day meal programme for 17 years, the Oxfam report said.</p><p style="text-align:justify">Please <a href="https://scroll.in/latest/1015219/income-of-84-indian-households-fell-in-2021-while-40-new-billionaires-emerged-oxfam-report" title="https://scroll.in/latest/1015219/income-of-84-indian-households-fell-in-2021-while-40-new-billionaires-emerged-oxfam-report">click here</a> to read more.&nbsp;</p>                                                           
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        LATEST NEWS UPDATES | Income of 84% Indian households fell in 2021 while 40 new billionaires emerged: Oxfam report    </title>
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The non-profit group said that while the wealth of Indian billionaires rose by Rs 30 lakh crore during pandemic, over 4.6 crore people fell to extreme poverty.

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The non-profit group said that while the wealth of Indian billionaires rose by Rs 30 lakh crore during pandemic, over 4.6 crore people fell to extreme poverty.

The income of 84% Indian households declined in 2021 while the number of billionaires..." />
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    <h1 class="cat-box-title">Income of 84% Indian households fell in 2021 while 40 new billionaires emerged: Oxfam report</h1>
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                            <p style="text-align:justify">-Scroll.in</p><p style="text-align:justify"><em>The non-profit group said that while the wealth of Indian billionaires rose by Rs 30 lakh crore during pandemic, over 4.6 crore people fell to extreme poverty.</em></p><p style="text-align:justify">The income of 84% Indian households declined in 2021 while the number of billionaires in the country grew from 102 to 142 during the last year, non-profit group Oxfam said in a report released on Sunday.</p><p style="text-align:justify">In its report titled &ldquo;<a href="https://im4change.org/upload/files/Inequality%20kills%20Oxfam%20briefing%20paper.pdf" title="https://im4change.org/upload/files/Inequality%20kills%20Oxfam%20briefing%20paper.pdf">Inequality Kills</a>&rdquo;, Oxfam said that in 2021, the collective wealth of India&rsquo;s 100 richest people hit a record high of Rs 57.3 lakh crore. However, in the same year, the bottom 50% of the country&rsquo;s population held just 6% of the national wealth.</p><p style="text-align:justify">Oxfam&rsquo;s analysis during the coronavirus pandemic (March 2020 to November 2021) showed that the wealth of Indian billionaires rose from Rs 23.14 lakh crore to Rs 53.16 lakh crore. In contrast, more than 4.6 crore Indians were estimated to have fallen into extreme poverty in 2020 alone. This number was nearly half of the global new poor according to the United Nations, Oxfam said in its report.</p><p style="text-align:justify">As a remedy to the growing wealth inequality in India, Oxfam suggested imposing a wealth tax on the super rich population of India.</p><p style="text-align:justify">&ldquo;It was found that by taxing just these super-rich families only 1% of their wealth, India could fund its entire vaccination programme cost of INR 500 billion [Rs 50,000 crore],&rdquo; the report noted. A 4% wealth tax on 98 richest families of India could account for the Union health ministry&rsquo;s budget for two years and the mid-day meal programme for 17 years, the Oxfam report said.</p><p style="text-align:justify">Please <a href="https://scroll.in/latest/1015219/income-of-84-indian-households-fell-in-2021-while-40-new-billionaires-emerged-oxfam-report" title="https://scroll.in/latest/1015219/income-of-84-indian-households-fell-in-2021-while-40-new-billionaires-emerged-oxfam-report">click here</a> to read more.&nbsp;</p>                                                           
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Income of 84% Indian households fell in 2021 while 40 new billionaires emerged: Oxfam report

Published on Jan 17, 2022   Modified on Jan 17, 2022

-Scroll.in The non-profit group said that while the wealth of Indian billionaires rose by Rs 30 lakh crore during pandemic, over 4.6 crore people fell to extreme poverty. The income of 84% Indian households declined in 2021 while the number of billionaires in the country grew from 102 to 142 during the last year, non-profit group Oxfam said in a report released on Sunday. In its report titled “Inequality Kills”, Oxfam said that in 2021, the collective wealth of India’s 100 richest people hit a record high of Rs 57.3 lakh crore. However, in the same year, the bottom 50% of the country’s population held just 6% of the national wealth. Oxfam’s analysis during the coronavirus pandemic (March 2020 to November 2021) showed that the wealth of Indian billionaires rose from Rs 23.14 lakh crore to Rs 53.16 lakh crore. In contrast, more than 4.6 crore Indians were estimated to have fallen into extreme poverty in 2020 alone. This number was nearly half of the global new poor according to the United Nations, Oxfam said in its report. As a remedy to the growing wealth inequality in India, Oxfam suggested imposing a wealth tax on the super rich population of India. “It was found that by taxing just these super-rich families only 1% of their wealth, India could fund its entire vaccination programme cost of INR 500 billion [Rs 50,000 crore],” the report noted. A 4% wealth tax on 98 richest families of India could account for the Union health ministry’s budget for two years and the mid-day meal programme for 17 years, the Oxfam report said. Please click here to read more.

Scroll.in, 17 January, 2022, https://scroll.in/latest/1015219/income-of-84-indian-households-fell-in-2021-while-40-new-billionaires-emerged-oxfam-report

Tagged with: Wealth Distribution Income Inequality Income Gap

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