EPISODE · Apr 17, 2025 · 4 MIN
Mint Podcast: Stunning Research Report Reveals How India's Richest 5% Reported Just 4% Of Their Wealth!
from Mint Podcast · host Mint - HT Smartcast
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
What this episode covers
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
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Mint Podcast: Stunning Research Report Reveals How India's Richest 5% Reported Just 4% Of Their Wealth!
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