Text Size:
A+
New Delhi: The top 100 billionaires in India earned Rs 12.98 lakh crore in the 10 months starting March 2020, when the Covid-19 lockdown first kicked in, while around 92 million people lost their jobs in the informal sector in the first two months, international NGO network Oxfam has said in a report. Â
Titled âThe Inequality Virusâ, the report seeks to assess the impact of Covid-19 on inequality around the world. It was released Monday, the opening day of the World Economic Forumâs âDavos Dialoguesâ. Â
The report also comprises a survey of 295 economists from 79 countries, which reveals that 87 per cent of the respondents expect an âincreaseâ or a âmajor increaseâ in income inequality in their country as a result of the pandemic, which wreaked havoc on the economies of nations worldwide.