Inequality Kills Report

INDEX / REPORTS

  • A new report ‘Inequality kills’ was released by Oxfam ahead of the World Economic Forum’s Davos Agenda.
  • According to the report, globally about 263 million more people pushed into extreme poverty due to rise in price, high unemployment rate and and inequality.
  • This will take the total no. of people in the extreme poverty is about 860 million people.
  • Since the pandemic, at one hand about 3.3 billion people across the world are living below the poverty line, on the other hand about for every 26 hours a new person becomes a billionaire.
  • As per the data of the report, India has the third highest number of billionaires in the world, just behind China and the United States.

Facts to know:

 

  • Oxfam a Charitable organization was established in 1942.
  • Headquarters of Oxfam: Nairobi, Kenya.
  • Oxfam India - a non profit organization working to support child education, empowering women & fighting against inequality in India.
Inequality kills
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