Total Wealth of 63 Indian Billionaires Higher Than Union Budget, Reveals Oxfam Report

India's richest 1 percent hold more than four-times the wealth held by 953 million people who make up for the bottom 70 percent of the country's population, while the total wealth of all Indian billionaires is more than the full-year budget, a new study said on Monday. Releasing the study 'Time to Care' here ahead of the 50th Annual Meeting of the World Economic Forum (WEF), rights group Oxfam also said the world's 2,153 billionaires have more wealth than the 4.6 billion people who make up 60 percent of the planet's population. #UnionBudget #WorldEconomicForum #Oxfam