1% of Indians hold 40% of wealth

ENTRENCHED INEQUALITY

- FE BUREAU

JUST 1% OF Indians hold about 40% of total wealth in the country, making income inequality in India among the highest in the world and "showing little improvement",according to the World Inequality Report 2026, released on Wednesday.

The report, edited by economists Lucas Chancel, Ricardo Gómez-Carrera, Rowaida Moshrif, and Thomas Piketty, also said the richest 10% hold around 65% of total wealth.