India is One of the World’s Most Unequal Countries, But There’s a Solution

A recent study, titled “Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj,” has brought to light the alarming levels of inequality in the country. The authors of the report – economists from New York University, Paris School of Economics and Harvard Kennedy School – have now written a follow-up note in a journal, to propose remedies: a wealth tax and redistribution policies to mitigate inequality and promote equitable growth.