an hour during pandemic when around 24% of people in India were earning under ₹3,000 a month, it says.
Indian billionaires increased their wealth by 35% during the lockdown to ₹ 3 trillion, ranking India after U.S., China, Germany, Russia and France.
The increase in his wealth alone could keep 40 crore informal workers out of poverty for at least five months, said the report.
According to its estimate, wealth tax on the nation’s 954 richest families could raise the equivalent of 1% of the GDP.
Till October, 32 crores students were hit by closure of schools, of whom 84 % resided in rural areas and 70 %attended government schools.
Girls were also most vulnerable as they were at risk of early and forced marriage, violence and early pregnancies, it noted.
Women who were employed before the lockdown were also 23.5 percentage points less likely to be re-employed compared to men in the post lockdown phase. »