Richest 1 per cent own 58 per cent of total wealth in india rights group usd mxn

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"Over the next 20 years, 500 people will hand over USD 2.1 trillion to their heirs — a sum larger than the GDP of India, a country of 1.3 billion people," Oxfam said verizon troubleshooting number. The study findings showed that the poorest half of the world has less wealth than had been previously thought while over the last two decades, the richest 10 per cent of the population in China, Indonesia, Laos, India, Bangladesh and Sri Lanka have seen their share of income increase by more than 15 per cent. On the other hand, the poorest 10 per cent have seen their share of income fall by more than 15 per cent. "Due to a combination of discrimination and working in low-pay sectors, women’s wages across Asia are between 70-90 per cent of men’s," it said. Referring to the Global Wage Report 2016-17 of Indian Labour Organisation, the study said India suffers from huge gender pay gap and has among the worst levels of gender wage disparity — men earning more than women in similar jobs — with the gap exceeding 30 per cent.


In India, women form 60 per cent of the lowest paid wage labour, but only 15 per cent of the highest wage-earners baby pregnancy calculator. It means that in India women are not only poorly represented in the top bracket of wage-earners, but also experience wide gender pay gap at the bottom. It also said that more than 40 per cent of the 400 million women who live in rural India are involved in agriculture and related activities market futures tomorrow. However, as women are not recognised as farmers and do not own land, they have limited access to government schemes and credit, restricting their agricultural productivity. The study also said that the CEO of India’s top information firm earns 416 times the salary of a typical employee in his company 500 usd. In the US, by contrast, billionaires have frequently chosen to cash out of their businesses, and their wealth has not lasted so long. In Asia, Singapore and India have a high number of multi-generational billionaires and a lot many people across the globe, including India, will transfer wealth to their heirs in the next 20 years, the study said, while pushing for a need to establish a system of inheritance tax usa today high school football rankings 2016. It also referred to the world’s largest garment companies that have all been linked to cotton-spinning mills in India, which routinely use the forced labour of girls. "There are evidences against cotton-spinning mills of India, which feed into the world’s largest garment companies, using forced labour. As per ILO, there are 5.8 million child labourers in India," it added euro stock market. In many parts of the world, corporations are increasingly driven by a single goal — that is to maximise returns to their shareholders dollar vs pound exchange rate. In the UK, 10 per cent of profits were returned to shareholders in 1970 and this figure is now 70 per cent. "In India, the figure is lower, but is growing rapidly, and for many corporations, it is now higher than 50 per cent. In India, as profits have been rising for the 100 largest listed corporations, the share of net profits going to dividends has also increased steadily over the last decade, reaching 34 per cent in 2014/15, with around 12 private corporations paying more than 50 per cent of their profits as dividends," it said stock market futures after hours. The report also said the local air pollution caused by burning coal causes around 100,000 premature deaths per year in India. "South-East Asia and India have both substantial coal power development plants and large populations without access to electricity. While coal provides 75 per cent of the nation’s electricity, many areas with the densest concentration of coal plants also have the lowest rates of electricity access," it said aud usd forecast today. It asked the Indian government to end the extreme concentration of wealth to end poverty, introduce inheritance tax and increase the wealth tax as the proportion of this tax in total tax revenue is one of the lowest in India. "Indian government must eliminate tax exemptions and not further reduce corporate tax rates. Governments must support companies that benefit their workers and society rather than just their shareholders," Oxfam said. "Indian government must crack down on tax dodging by corporates and rich individuals to end the era of tax havens. Government must generate funds needed to invest in healthcare and education funny quotes about life. The government must increase its public expenditure on health from 1 per cent GDP to 3 per cent of GDP and on education from 3 per cent of GDP to 6 per cent," it added.


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