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Wealth of Indian billionaires increased by 35% during lockdown: Oxfam

Calling the coronavirus pandemic the world's worst public health crisis in a 100 years, the report said it triggered an economic crisis comparable in scale only with the Great Depression of the 1930s

Illustration by Ajay Mohanty
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Illustration by Ajay Mohanty

Press Trust of India New Delhi
India’s 100 top billionaires saw their fortunes increase by Rs 12,97,822 crore since March last year when the Covid-19 pandemic hit the country and this amount is enough to give 138 million poorest Indians a cheque for Rs 94,045 each. 

The latest India supplement of the Oxfam report ‘The Inequality Virus’ said it would take an unskilled worker 10,000 years to make what Mukesh Ambani made in an hour during the pandemic and three years to make what he made in a second. The report was released on the opening day of the World Economic Forum's ‘Davos Dialogues’.

Calling the coronavirus pandemic

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