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<strong>Number of India’s ultra-rich grew 11x in last decade -Parvathi Benu</strong></h1>
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<p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>However, inequality is slightly down in the last two years, says a global wealth report</em></p><p style="text-align:justify">Wealth of the rich in India has grown over the last decade and the pandemic-hit years too continued to see a stellar increase in the number of the rich. However, inequality in the country has reduced a tad over the last couple of years, implying that the increase in wealth was broad-based during the period.</p><p style="text-align:justify">While 100 Indians owned assets worth more than 1,000 crore in 2012, the number has grown to 1,103 in 2022, according to the recently released IIFL Wealth Hurun India Rich List. During the pandemic, between 2019 and 2022, there were 353 additions to the list.</p><p style="text-align:justify">While inequality in India continues to be high, another dataset suggests that from 2020, it has been reducing slightly. A recently released Global Wealth Report by Credit Suisse Research Institute notes the value of the Gini coefficient, which measures inequality is 82.3 in India, as of 2021. A higher Gini indicates more inequality. Its value was 83.3 in 2015. While it is above 80 in the US, Russia and Brazil, the value is 70.1 in China and 70.6 in the UK.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/data-stories/data-focus/number-of-indias-ultra-rich-grew-11x-in-last-decade/article65942118.ece" title="https://www.thehindubusinessline.com/data-stories/data-focus/number-of-indias-ultra-rich-grew-11x-in-last-decade/article65942118.ece">click here</a> to access. <br /> </p> </font>
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<p style="text-align:justify"><em>However, inequality is slightly down in the last two years, says a global wealth report</em></p>
<p style="text-align:justify">Wealth of the rich in India has grown over the last decade and the pandemic-hit years too continued to see a stellar increase in the number of the rich. However, inequality in the country has reduced a tad over the last couple of years, implying that the increase in wealth was broad-based during the period.</p>
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<p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/data-stories/data-focus/number-of-indias-ultra-rich-grew-11x-in-last-decade/article65942118.ece">click here</a> to access.&nbsp;<br />
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<p style="text-align:justify"><em>However, inequality is slightly down in the last two years, says a global wealth report</em></p>
<p style="text-align:justify">Wealth of the rich in India has grown over the last decade and the pandemic-hit years too continued to see a stellar increase in the number of the rich. However, inequality in the country has reduced a tad over the last couple of years, implying that the increase in wealth was broad-based during the period.</p>
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<p style="text-align:justify">While inequality in India continues to be high, another dataset suggests that from 2020, it has been reducing slightly. A recently released Global Wealth Report by Credit Suisse Research Institute notes the value of the Gini coefficient, which measures inequality is 82.3 in India, as of 2021. A higher Gini indicates more inequality. Its value was 83.3 in 2015. While it is above 80 in the US, Russia and Brazil, the value is 70.1 in China and 70.6 in the UK.</p>
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However, inequality is slightly down in the last two years, says a global wealth report
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However, inequality is slightly down in the last two years, says a global wealth report
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<strong>Number of India’s ultra-rich grew 11x in last decade -Parvathi Benu</strong></h1>
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<p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>However, inequality is slightly down in the last two years, says a global wealth report</em></p><p style="text-align:justify">Wealth of the rich in India has grown over the last decade and the pandemic-hit years too continued to see a stellar increase in the number of the rich. However, inequality in the country has reduced a tad over the last couple of years, implying that the increase in wealth was broad-based during the period.</p><p style="text-align:justify">While 100 Indians owned assets worth more than 1,000 crore in 2012, the number has grown to 1,103 in 2022, according to the recently released IIFL Wealth Hurun India Rich List. During the pandemic, between 2019 and 2022, there were 353 additions to the list.</p><p style="text-align:justify">While inequality in India continues to be high, another dataset suggests that from 2020, it has been reducing slightly. A recently released Global Wealth Report by Credit Suisse Research Institute notes the value of the Gini coefficient, which measures inequality is 82.3 in India, as of 2021. A higher Gini indicates more inequality. Its value was 83.3 in 2015. While it is above 80 in the US, Russia and Brazil, the value is 70.1 in China and 70.6 in the UK.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/data-stories/data-focus/number-of-indias-ultra-rich-grew-11x-in-last-decade/article65942118.ece" title="https://www.thehindubusinessline.com/data-stories/data-focus/number-of-indias-ultra-rich-grew-11x-in-last-decade/article65942118.ece">click here</a> to access. <br /> </p> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec6fa96a89d-trace').style.display = (document.getElementById('cakeErr67ec6fa96a89d-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67ec6fa96a89d-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec6fa96a89d-code').style.display = (document.getElementById('cakeErr67ec6fa96a89d-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec6fa96a89d-context').style.display = (document.getElementById('cakeErr67ec6fa96a89d-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67ec6fa96a89d-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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'title' => 'Number of India’s ultra-rich grew 11x in last decade -Parvathi Benu',
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'description' => '<p style="text-align:justify">-The Hindu Business Line</p>
<p style="text-align:justify"><em>However, inequality is slightly down in the last two years, says a global wealth report</em></p>
<p style="text-align:justify">Wealth of the rich in India has grown over the last decade and the pandemic-hit years too continued to see a stellar increase in the number of the rich. However, inequality in the country has reduced a tad over the last couple of years, implying that the increase in wealth was broad-based during the period.</p>
<p style="text-align:justify">While 100 Indians owned assets worth more than ₹1,000 crore in 2012, the number has grown to 1,103 in 2022, according to the recently released IIFL Wealth Hurun India Rich List. During the pandemic, between 2019 and 2022, there were 353 additions to the list.</p>
<p style="text-align:justify">While inequality in India continues to be high, another dataset suggests that from 2020, it has been reducing slightly. A recently released Global Wealth Report by Credit Suisse Research Institute notes the value of the Gini coefficient, which measures inequality is 82.3 in India, as of 2021. A higher Gini indicates more inequality. Its value was 83.3 in 2015. While it is above 80 in the US, Russia and Brazil, the value is 70.1 in China and 70.6 in the UK.</p>
<p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/data-stories/data-focus/number-of-indias-ultra-rich-grew-11x-in-last-decade/article65942118.ece">click here</a> to access.&nbsp;<br />
&nbsp;</p>
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<strong>Number of India’s ultra-rich grew 11x in last decade -Parvathi Benu</strong></h1>
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<p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>However, inequality is slightly down in the last two years, says a global wealth report</em></p><p style="text-align:justify">Wealth of the rich in India has grown over the last decade and the pandemic-hit years too continued to see a stellar increase in the number of the rich. However, inequality in the country has reduced a tad over the last couple of years, implying that the increase in wealth was broad-based during the period.</p><p style="text-align:justify">While 100 Indians owned assets worth more than 1,000 crore in 2012, the number has grown to 1,103 in 2022, according to the recently released IIFL Wealth Hurun India Rich List. During the pandemic, between 2019 and 2022, there were 353 additions to the list.</p><p style="text-align:justify">While inequality in India continues to be high, another dataset suggests that from 2020, it has been reducing slightly. A recently released Global Wealth Report by Credit Suisse Research Institute notes the value of the Gini coefficient, which measures inequality is 82.3 in India, as of 2021. A higher Gini indicates more inequality. Its value was 83.3 in 2015. While it is above 80 in the US, Russia and Brazil, the value is 70.1 in China and 70.6 in the UK.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/data-stories/data-focus/number-of-indias-ultra-rich-grew-11x-in-last-decade/article65942118.ece" title="https://www.thehindubusinessline.com/data-stories/data-focus/number-of-indias-ultra-rich-grew-11x-in-last-decade/article65942118.ece">click here</a> to access. <br /> </p> </font>
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However, inequality is slightly down in the last two years, says a global wealth report
Wealth of the rich in India has grown over the last decade and the pandemic-hit years too continued to see a stellar increase...'
$disp = '<p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>However, inequality is slightly down in the last two years, says a global wealth report</em></p><p style="text-align:justify">Wealth of the rich in India has grown over the last decade and the pandemic-hit years too continued to see a stellar increase in the number of the rich. However, inequality in the country has reduced a tad over the last couple of years, implying that the increase in wealth was broad-based during the period.</p><p style="text-align:justify">While 100 Indians owned assets worth more than 1,000 crore in 2012, the number has grown to 1,103 in 2022, according to the recently released IIFL Wealth Hurun India Rich List. During the pandemic, between 2019 and 2022, there were 353 additions to the list.</p><p style="text-align:justify">While inequality in India continues to be high, another dataset suggests that from 2020, it has been reducing slightly. A recently released Global Wealth Report by Credit Suisse Research Institute notes the value of the Gini coefficient, which measures inequality is 82.3 in India, as of 2021. A higher Gini indicates more inequality. Its value was 83.3 in 2015. While it is above 80 in the US, Russia and Brazil, the value is 70.1 in China and 70.6 in the UK.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/data-stories/data-focus/number-of-indias-ultra-rich-grew-11x-in-last-decade/article65942118.ece" title="https://www.thehindubusinessline.com/data-stories/data-focus/number-of-indias-ultra-rich-grew-11x-in-last-decade/article65942118.ece">click here</a> to access. <br /> </p>'
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LATEST NEWS UPDATES | Number of India’s ultra-rich grew 11x in last decade -Parvathi Benu | Im4change.org
Number of India’s ultra-rich grew 11x in last decade -Parvathi Benu
-The Hindu Business Line
However, inequality is slightly down in the last two years, says a global wealth report
Wealth of the rich in India has grown over the last decade and the pandemic-hit years too continued to see a stellar increase in the number of the rich. However, inequality in the country has reduced a tad over the last couple of years, implying that the increase in wealth was broad-based during the period.
While 100 Indians owned assets worth more than 1,000 crore in 2012, the number has grown to 1,103 in 2022, according to the recently released IIFL Wealth Hurun India Rich List. During the pandemic, between 2019 and 2022, there were 353 additions to the list.
While inequality in India continues to be high, another dataset suggests that from 2020, it has been reducing slightly. A recently released Global Wealth Report by Credit Suisse Research Institute notes the value of the Gini coefficient, which measures inequality is 82.3 in India, as of 2021. A higher Gini indicates more inequality. Its value was 83.3 in 2015. While it is above 80 in the US, Russia and Brazil, the value is 70.1 in China and 70.6 in the UK.
