Post-reform Indian economic growth concentrated wealth in few hands
Evidence
Today, India’s one hundred richest people own assets equivalent to one-fourth of its celebrated GDP. In a nation of 1.2 billion, more than 800 million people live on less than Rs 20 a day. Giant corporations virtually own and run the country. Politicians and political parties have begun to function as subsidiary holdings of big business. — Ambedkar, B R, Annihilation of Caste_ The Annotated…, 55
Categorization
Category: Factual Claims