Deedy: The dark side of India’s economic growth is inequality:

  • Top 1% income earners account for 23% of total, higher than South Africa.

— Top 1% of wealth is 40.1%, higher than US and China.

— If you’re born in the lowest 40% income in India, your odds of getting to top 20% is 3-4%.

submitted by /u/XGramatik
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