The Central Bureau of Investigation (CBI) has registered an FIR against Oxfam and others for alleged violations of Foreign Contribution (Regulation) Act (FCRA), PTI quoted officials.
Oxfam India allegedly routed funds to the Centre for Policy Research (CPR) through its associates and employees in the form of a commission.
Oxfam India's report states that the richest one percent of Indians own more wealth than the poorest fifty percent. The wealth held by the top five percent is 61.7%, nearly 20 times greater than the 3% held by the bottom half.
Raids on NGOs, unrecognised parties: The coordinated operations were carried out at over 110 locations in Gujarat, Delhi, Uttar Pradesh, Maharashtra, Madhya Pradesh, Chhattisgarh, Haryana and some other states
India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the COVID-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.
Oxfam further said that 13.6 crore Indians, who make up the poorest 10 per cent of the country, continued to remain in debt since 2004.
Oxfam further said that 13.6 crore Indians, who make up the poorest 10 per cent of the country, continued to remain in debt since 2004.
In India, the unpaid work done by women looking after their homes and children is worth 3.1 per cent of the country's GDP. Women spend 312 minutes per day in urban areas and 291 minutes per day in rural areas on such unpaid care work, it added.
The report noted that by the latest estimates, the total wealth of Indian billionaires is 15 per cent of the GDP of the country; this has risen from 10 per cent only five years ago.
The richest 1 per cent in India cornered 73 per cent of the wealth generated in the country last year, a new survey showed today, presenting a worrying picture of rising income inequality.
Microsoft founder Bill Gates will be world's first trillionaire in the next 25 years, according to a new research.
New Delhi: In the year 2016, the wealthiest 1 per cent will own more than the rest of the world's population, according to a study by anti-poverty charity Oxfam."The scale of global inequality is quite
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