Endurable, inclusive, and ingenious; rethinking the Nordic model for India
The World Inequality Report 2022 of India stands out as a “poor and highly unequal country, with rich elite”, with the top 10 percent holding 57 percent of GNI while the bottom 50 percent share only 13 percent in 2021. India’s middle class is relatively poor with an average wealth of only Rs 7,23,930 or 29.5% of GNI, compared to the top 10 % and 1 % owning 65 % (63, 54,070 rupees) and 33 percent (3,24,49,360 rupees), this is the time when India must build on its strength and take action to make 2022 and the years ahead – the Indian Year of Positive…