When the economy of India collapsed during the covid lockdown, the wealth of the BILINIOUR increased by 35% leaps and bounds. At that time the wealth of the first 100 millionaires of the country increased by 35 percent. Oxfam, a international organization, said in a recent report that economic inequality is not a new issue in India. But Corona Atimari seems to have made that difference even more obvious. This transition has gradually broken the backbone of the country's economy. Many people have lost their life. There may be an argument as to when the country will fully cope with this push. However, the wealth of the first 100 millionaires of the country has increased by cr 12,96,622 crore during this cowardly period! This is enough to pay Rs 94,045 to each of the 137 million people living below the poverty line in the country. The virus of inequality (M report) says it will take 10,000 years for an untrained worker to earn the same amount of money that industrialist Mukesh Ambani earns per hour in the epidemic, and the chairman of the Reliance Group is incapable of earning the same per second. It will take at least three years for the workers. The 51st Annual Meeting of the World Economic Forum (WEF) will begin tomorrow, January 26 in Davos, Switzerland, and will run until January 29. Oxfam's report will be released on the first day of the 'Davos Dialogue'.
Oxfam's report states that in the last 100 years, there has not been a public health crisis like Kovid's epidemic in the world. The economic downturn caused by Covid has been compared to that of the Great Depression of the 1990s. According to the international voluntary organization, 84 per cent of households in the country lost their income in various ways during the Covid lockdown. In April 2020, an average of about 160,000 people lost their jobs every hour. On the contrary, the wealth of the country's billionaires has increased by an average of 35 percent!
Source: Oxfam international (the inequality virus)
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