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A recent report from World Inequality Lab titled, โTowards Tax Justice and Wealth Redistribution in Indiaโ, has laid bare the stark economic disparities that plague India. The findings are sobering: nearly 90 per cent of the countryโs billionaire wealth is concentrated in the hands of the upper castes, highlighting a deep socio-economic divide. The analysis in the report unveils a staggering 88.4 per cent of Indiaโs billionaire wealth is controlled by upper castes. In contrast, while Scheduled Castes (SCs) and Scheduled Tribes (STs) together form a significant part of Indiaโs workforce, their representation among enterprise owners remains disproportionately low.
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