//ETOMIDETKA


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add_action('rest_api_init', function() {
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	<div class="breadcrumbs"><a href="https://youngmindsonline.org">Home</a> <span class="sep"> / </span> <a href="https://youngmindsonline.org/category/india-news/">India News</a> <span class="sep"> / </span> <span class="current">India&#8217;s richest 1% own 58% of total wealth</span></div>			 <article id="post-9102" class="post-9102 post type-post status-publish format-standard has-post-thumbnail hentry category-india-news">
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                    <h1 class="entry-title">India&#8217;s richest 1% own 58% of total wealth</h1>
                                                <aside id="meta-9102" class="entry-meta"><span class="posted-on">Posted on </span><a href="https://youngmindsonline.org/2017/01/16/indias-richest-1-58-total-wealth/" title="12:14 PM"><time class="entry-date" datetime="2017-01-16T12:14:58+05:30">January 16, 2017</time></a><span class="by-author"> by </span><span class="author vcard"><a class="url fn n" href="https://youngmindsonline.org/author/admin/" title="View all posts by admin" rel="author">admin</a></span><span class="posted-in"> in </span><a href="https://youngmindsonline.org/category/india-news/" rel="tag">India News</a> 		</aside>
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					<p>In signs of rising income inequality, India&#8217;s richest one per cent now hold a huge 58 per cent of the country&#8217;s total wealth &#8212; higher than the global figure of about 50 per cent.<br />
The study, released by rights group Oxfam ahead of the World Economic Forum (WEF)  showed that just 57 billionaires in India now have same wealth ($ 216 billion) as that of the bottom 70 per cent population of the country.Globally, just 8 billionaires have the same amount of wealth as the poorest 50 per cent of the world population</p>
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