You may be shocked to hear the statistics of a report on people's property in India. According to this report, one percent of the people of the country have money equal to four times the total wealth of 70 percent of India's population. At the same time, 63 rich people in the country have more money than the budget. In the year 2018-19, the budget of the country was 24 lakh 42 thousand 200 crores. The same figures have been placed in Oxfam's report 'Time to Care' at the ongoing World Economic Forum in Davos.
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This report states that 2153 rich people in the world have more wealth than 60 percent (4.6 billion people) of the world population. Along with this, it was clearly stated in the report that economic inequality is spreading very fast all over the world because the rich are becoming more and richer. The number of billionaires in the world has increased rapidly in the last ten years, their total wealth has declined in the year 2019. Along with this, Amitabh Behar, CEO of Oxfam India at the World Economic Forum also spoke in this regard. He said that this fast-growing gap between rich and poor cannot be reduced unless any concrete steps are taken by the government in this regard. Behar said that to reduce this inequality, the government will have to come up with special policies for the poor.
Apart from this, the issue of gender inequality has also come up in Oxfam's report 'Time to Care'. The report said that it would take 22 thousand 277 years for a female domestic worker to be equal to the CEO of a tech company. The same report said that a CEO earns more than Rs 106 in a second. It can take more than a year for a female domestic worker to earn as much as she can in 10 minutes.
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