The richest of them all, Mukesh Ambani, increased his wealth by 67 percent, according to Forbes India120-a publication, moreover, that belongs to this billionaire. Also in 2017, the fortune of India’s 100 richest tycoons leaped by 26 percent. The earnings made by this handful of people in 2017 were equal to India’s budget for that year. A 2018 Oxfam report revealed that 10 percent of the richest Indians garnered 77.4 percent of the nation’s wealth (against 73 percent the year before)119 and that 58 percent of it was in the hands of India’s “1 percent” (while the world average is 50 percent).
“Under Narendra Modi, the rich have become richer, and inequalities have increased.
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