A report by Niti Aayog, released on January 15, predicts that poverty in India will drop from 29.17% in 2013-14 to 11.28% in 2022-23.

During the pandemic a new billionaire was created every 30 hours; for each of them, at almost the same rate, a million people could fall into extreme poverty in 2022.

The World Inequality Report states that the top one percent of the population in India accounts for a fifth of the total national income in 2021, while the bottom half accounts for just 13.1 percent.