World Inequality Report 2026: The gap between the rich and the poor is continuously increasing in the country. A report has come out regarding this matter. According to the latest World Inequality Report 2026, income inequality in India is the highest in the world. It has been said in the report that a major part of the country’s total wealth is held by only a few people.
The top 10 percent of India’s richest people own about 65 percent of the wealth, while the top 1 percent of the population owns about 40 percent of the wealth. The figures of the report clearly show that the rich in the country are becoming richer. The distribution of wealth in the country is extremely unbalanced.
What does the report say?
The World Inequality Report 2026 has been prepared jointly by economists Lucas Chancel, Ricardo Gomez Carrera, Rowaidha Mosharif and Thomas Piketty. This is the third report of the World Inequality Report. Earlier this report was released in the years 2018 and 2022.
It has been prepared on the basis of data collected by more than 200 researchers from around the world. According to which, India ranks first in the world in terms of income inequality. Also, 40 percent of the country’s property is owned by only 1 percent of the people.
Income and gender inequality has become a big challenge in India.
According to a report published in Zee News Hindi, the report by economists Jayati Ghosh and Joseph Stiglitz states that the average annual income per capita in the country is around 6,200 Euros (PPP) and the average wealth is around 28,000 Euros (PPP). These figures show that both the income and assets of the common people are quite limited.
Besides, women’s participation in work is also at only 15.7 percent. There has been no improvement in this in the last 10 years. The report believes that deep inequality exists in India at all three levels, income, wealth and gender.
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