India now has 249 billionaires out of which only 15 are women. The number of billionaires in the country has doubled every five years over the past decade.
The study showed that if each of the 10 richest Indian billionaires were to spend USD one million daily, it would take them 84 years to exhaust their current wealth.
India's richest have more than doubled their fortunes during Covid-19 crisis that's ravaged the country and worsened poverty, and the government should revisit its policies to redistribute wealth, according to the global Oxfam Davos report of 2022.