The Congress on Monday hit out at the Centre asserting that the Narendra Modi Government is working only for a "handful of people" and the richest 21 Indians have more wealth than 70 crore people put together.
The party’s reaction came in response to rights group Oxfam releasing its latest inequality report.
Congress General Secretary Communications Jairam Ramesh also claimed that the Oxfam's suggestion to Finance Minister Nirmala Sitharaman to impose a wealth tax on India's uber rich will fall on deaf ears.
"The richest 21 Indian billionaires have more wealth than 70 crore Indians. Top 1 per cent of India now holds 40.5 per cent of total wealth. There's been a 121 per cent surge in the wealth of India's billionaires since Covid struck. This is the result of a government that works just for a handful of people," Ramesh said in a series of tweets.
He further said, "Oxfam India has urged the Finance Minister to impose a wealth tax on the uber rich. Their suggestion will surely fall on deaf ears."
According to the latest Oxfam report, the richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 percent of wealth.
