The World Bank report exposes India: The wealthy of the country earn less than the poor of the United States, the middle class dies, know the truth about economic inequality.

The World Bank report has just arrived. The report says that the rich people of India do not earn as much as the poor people of America or Canada! The difference in the standard of living of the rich countries of the world and the people of India can be gauged from the new World Bank figures. Surprisingly, the daily income of the poorest 10 percent of people in countries like America, Canada, Germany and Australia is also higher than the richest 10 percent of India. From these figures, one thing has to be acknowledged that India is lagging behind in the ranks of rich countries. Namaskar... The World Bank has released the report of the Poverty and Inequality Platform for 2026. There are statistics that raise questions about India's economy. According to a survey conducted in India, the person who earns Rs 80,000 per month is among the top 10 percent of the earners in the country. Therefore, the standard of living of the richest families in India is so low that the poor in America and Canada live better than that. How is the rich and the poor determined? A comparison has been given in the World Bank report. It is written that the head of income of the poorest people in the 10 percent in India is about $3. In America, the income of the poor is $ 25. In Canada it is $ 31, while in Germany and Australia it is $ 28. On the other hand, the head on daily earnings of the richest people in the 10 percent in India is about $10. In the United States, this figure reaches $ 173, in Canada and Australia it is $ 129 and in Germany it is $ 128. In this way, the rich of India are also considered poor!! What do these statistics show? Ahona Datta Gupta, a program associate at the Foundation for Economic Development, told a TV channel that this comparison points to a big problem for India. Not only poverty, but there is a huge gap in India's economy. In India, a person who earns only $10 a day can be among the richest 10 percent of the people. On the other hand, in countries like Canada, Japan, and the United States, the person who earns the same amount is considered among the poorest 10 percent of the people. In India, if you earn $10 a day, you are rich, but abroad, if you earn $10 a day, you are poor!! Datta Gupta argues that it is necessary to improve the standard of living of poor Indians, but just doing so does not make the country prosperous. Even if poor Indians reach the level of well-off families today, their standard of living is much lower than that of the rich. India needs to increase the income of the entire population, rather than just focusing on bridging the gap between rich and poor Indians. The World Bank's report on 80,000 has revealed an important thing about India's best income. In India, even a person who earns Rs 80,000 per month is considered among the top 10% of the richest people. Therefore, an average salary of Rs 80,000 per month is considered very good. Similarly, if you earn 80,000 rupees per day abroad, you are considered poor. It is necessary to increase the income of the people of India, but how to increase it? So to increase income, production has to be increased in every sector. If production increases, business will grow. If the business grows, you will get a better paying job. This will strengthen the income of the family. But this is not easy. There should be freedom to think new ideas and experiment in business to increase production. New business models should be developed. We talked about the World Bank report. Now let's talk about the 'Global Wealth Report 2026' of UBS, one of the largest investment banks in the world. The gap between rich and poor has deepened around the world. According to a report by UBS Bank, 2025 has been a very spectacular year in terms of income and wealth of people around the world. If we look at the wealth of the whole world combined, there has been a huge jump of 11%. This is the first time since 2017 that the global wealth has grown at such a rapid rate. This report talks about India in detail. The scope of both the rich and middle class in India is growing very fast. The biggest reason for this unexpected and record-breaking increase in global wealth in 2025 is the tremendous boom in stock markets around the world. Last year, from Wall Street in the United States to India's Dalal Street, all the stock markets set new records. The profits of the world's big and leading companies increased drastically. Due to this, their share prices skyrocketed overnight. The direct benefit of this boom came to the ordinary and special investors who invested their money in shares, mutual funds or equities of companies. This growth of the corporate sector played the most important role in increasing the personal wealth of the people. However, a worrying aspect has also come to the fore in the UBS report. Although there has been a historic increase in the world's total wealth, it has not benefited all sections of society equally. A large part of the earnings from the stock market and big business have already gone into the accounts of the rich. As a result, the rich have become richer, the poor have become poorer. Now the middle class is also being defined as poor. Inshort, the gap between the rich and the poor is widening. Now not pyramids, but economic structures like diamonds. The most interesting and positive aspect of this report is the change in the structure of global wealth. UBS has said in its report that now the economic structure of the world has completely changed. Earlier, the economic structure of the world was like a pyramid. In this old structure, the bottom was very wide, which meant that the number of people who were very poor or with very low income was very high, while very few rich people lived at the top. But in the last 25 years, the world has changed and so has this economic structure. Now it has become like a 'fat diamond' instead of a pyramid. The simple meaning of this new structure is that the number of poor people living at the bottom of the world is continuously decreasing, while the middle class is expanding rapidly. But this is a global picture. The situation is still similar to a pyramid in India. There are many poor people, there are very few rich people. If we look at it from the point of view of statistics, in the year 2000, about 75% of the world's people had a net worth of less than $10,000 (about 8 lakh rupees today). But by 2025, the situation changed completely and now the number of such people has come down to just 41%. It is clear that crores of people around the world have managed to come out of extreme poverty in the last two and a half decades. Poverty is decreasing from the world, not from India. As the poor in India increased, the rich also increased. The number of millionaires in India is the equivalent of Switzerland. This UBS report has proved to be a major milestone for the Indian economy. The number of rich people in India has increased so rapidly that it has reached par with Switzerland, one of the richest and most prosperous countries in the world. The number of dollar millionaires in India has increased. That is, the number of people who have personal assets of about 8 crore rupees or more has rapidly increased to 9 lakh 44 thousand. Interestingly, even in a small and very rich country like Switzerland, the total number of millionaires is about 9.44 lakhs. Switzerland has for decades been considered the stronghold of the world's rich, big banks and safe investments. In such a situation, India's reaching par with Switzerland in terms of the number of millionaires is the biggest proof that the Indian economy is moving in the right direction. This report is correct in its own way, but India's economy does not reach the right people well. The number of millionaires and billionaires in the world keeps increasing. How many millionaires are there in India with a population of 140 crore? Can you guess? So remember the figure. There are only 9.44 lakh millionaires in India. And in America? In the United States, 10 lakh people became millionaires in the last one year. The UBS Bank report says that the highest number of millionaires in the world live in America and China. These two countries account for about 54% of the world's total personal wealth. The rest of the 46% wealth includes the whole world. India ranks 14th in this list with 9.44 lakh millionaires. Along with millionaires, the number of billionaires in the world has also increased tremendously. In 2025, the number of billionaires worldwide has increased from 13% to 3,302. These billionaires are more in only three countries. America, China and India. There are only 229 billionaires in India. The bitter truth of economic inequality UBS has warned in clear terms that even though the world's total wealth is increasing and the middle class is expanding, the real wealth of citizens has declined in many countries. This means that the country's money remains in the hands of a few rich families. Russia, UAE, South Africa and Brazil are among the most unequal countries in the world, where the gap between the rich and the poor is very wide. India is also on this list. Lastly... The reason why other countries are so far ahead is that there is no expenditure on festivals every month like India. We spend 14 lakh crore rupees on festivals in a year. Now imagine, how much development can be done out of 14 lakh crores... Monday to Friday at seven o'clock in the evening, you keep watching, Editor's View. See you again tomorrow, Namaskar. (Research: Yashpal Bakshi | Yashpal Baxi)