Most Indians want to tax the rich, companies which profited during covid: Survey
₹2 crore per annum, while 89.3% want a temporary tax on companies making massive profits during the pandemic. The survey, on expectations of common people from the government ahead of the Union Budget 2022-23, received 3,231 inputs from 24 states.
Further, more than 90% of participants demanded budget measures to combat inequality such as universal social security, right to health, and expansion of budget to prevent gender-based violence revealed the survey by FIA India, an alliance of NGOs, civil society, environmental groups, trade unions and social movements to fight the growing crisis of inequality.
A global study by Fight Inequality Alliance showed that the wealth of Indian billionaires has more than doubled during the covid-19 pandemic while 46 million people are estimated to have fallen into extreme poverty in 2020 (nearly half of the new global poor).
This means the richest 98 billionaires own the same wealth as the bottom 40% of Indian society. As per reports, economic and social disruptions caused by covid-19 have exacerbated inequalities in India.
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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