))
Mint Podcast: Stunning Research Report Reveals How India's Richest 5% Reported Just 4% Of Their Wealth!
Manage episode 477523258 series 3651772
Content provided by Mint - HT Smartcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mint - HT Smartcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Ram Singh is a member of RBI's monetary policy committee, and the director of the Delhi School of Economics, and he has just released a report which has some stunning numbers, and consequences.The fact that the wealthiest 5% of Indians reported incomes that were just 4% of their total wealth. The paper, which is based on affidavits filed by election contestants, the Forbes list of billionaires and statistics published by the income tax department says that the wealthier the individual or the family, the lesser the reported income relative to the wealth.
Watch the full episode on YouTube- https://www.youtube.com/watch?v=itIH6hUC_f0
146 episodes
Share
