Why India’s 1% corner most wealth: Rahul Gandhi asks PM

Questions Prime Minister on Oxfam inequality report

January 23, 2018 09:42 pm | Updated 09:42 pm IST - New Delhi

Congress president Rahul Gandhi took to twitter to ask Prime Minister Narendra Modi why 1% of India’s population had 73% of the country’s wealth soon after the Prime Minister addressed the plenary session of the World Economic Forum (WEF) at Davos.

“Dear PM, Welcome to Switzerland! Please tell DAVOS why 1% of India’s population gets 73% of its wealth? I am attaching a report for your ready reference,” Mr. Gandhi tweeted on Tuesday.

The report quoted an Oxfam survey where it was claimed that 73% of the wealth generated in 2017 was accumulated by only 1% of the population. The survey that forms a part of the World Inequality Report also pointed out that 67 crore Indians saw their wealth increase only by 1% in the last one year.

Former Commerce Minister Anand Sharma said the Prime Minister should also speak about the poor people who are at the bottom.

“There is no investment in the country at present. There is dearth of employment; 1% people hold 73% wealth of the nation. If the Prime Minister speaks of them and not the poor, it’s not right. We request the PM to address the issues faced by the poor, such as unemployment and disparity,” he said.

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