The average citizen earns less than $2,000 a year. To be counted among its richest one percent required assets of just $32,892, according to research from investment bank Credit Suisse in 2016.19 But that same one percent now owns more than half of national wealth, one of the highest rates in the world. The International Monetary Fund suggests that India, alongside China, now ranks as Asia’s most unequal major economy. Thomas Piketty, the French economist famous for his work on global inequality, has shown the share of Indian national income taken by the top one percent of income earners to be
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