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India:Rich citizens live in cities with poor conditions

by AIP Online Bureau | Feb 12, 2026 | Articles, Eco/Invest/Demography, Health

Last week’s budget made a song and dance about various new grants supposedly targeting smaller towns. But the reality is that vital lines of urban finance have been cut. Funding for affordable housing shrank by 6 per cent, for urban rejuvenation by 20 per cent, and...

Indians earning over Rs 10 crore per annum up 63 %, Rs 5 crore per annum up 49 %: Centrum

by AIP Online Bureau | Sep 17, 2024 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

“The wealth of rich Indians is growing at a rapid pace; between FY19 and FY24, the number of Indians earning over Rs50 mn grew by 49 percent to 58,200, while those earning over Rs100 mn increased by 63 percent to around 31,800,” said the report New Delhi:...

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