Wealth Disparity in India
India's economic landscape is marked by a staggering increase in billionaires, primarily in dubious sectors tied to the government, while tech billionaires remain scarce. This wealth concentration has led to a significant decline in the middle class's share of national income, positioning India as one of the most unequal large economies globally. If this trend continues, the country risks unprecedented levels of inequality, echoing concerns similar to those seen in Brazil and South Africa.In this clip
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Decoder with Nilay Patel
Recode Decode: 'The Billionaire Raj' author James Crabtree
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