Inequality -Inclusive Growth

-The average net worth of the 953 richest Indians was more than 5,000 crore rupees. Their combined wealth is about one-quarter of India’s GDP.

-If you levy a one-time 4% wealth tax on them, you could get revenues worth 1% of GDP, which is not something to scoff at. 

-India are raising 0.2% of GDP through property tax, whereas the developing country average is 0.6% of GDP and in OECD countries it is 2% of GDP. 

-The share of the bottom 50% of the population in national wealth was a mere 6%.

-The top 10% of the Indian population holds 77% of the total national wealth.