According to the Oxfam annual inequality report, the richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth.
In its latest report 'Poverty and Shared Prosperity 2022: Correcting the Course', the World Bank flagged concerns over how the lack of official data on poverty from India affects the world in drawing up global poverty estimates.
By pooling in resources from high networth individuals and philanthropic organisations, Nudge Foundation has been working on livelihood and poverty elimination programmes in the country's most underdeveloped regions.