CNN — Two years ago, Elizabeth Grantham decided she didn’t want to rent much longer, so she moved from her hometown in the pricey San Francisco Bay Area to Washington state to save up to buy a home. “In this economy it’s literally impossible.” Those who want to buy their first homes have faced the one-two punch of rising home …
The Assam government is cracking down on child marriage and has registered over 4,000 cases just this year alone. Table 1 shows the median age of women when they first got married by current age, across various wealth quintiles, and years of school education completed, in 2019-21. The median marriage age among SC/ST/OBC women was below 20 even among younger …
While Indians have grown wealthier in recent years, the wealthiest are miniscule in number, a wealth report has shown. The Global Wealth Report 2018 by Credit Suisse analyses the wealth of 5 billion adults using financial balance sheets and country-specific household surveys. Personal wealth rises The average personal wealth per capita has been on the rise over the years, but …
The richest 10% of Indians own 77.4% of the country’s wealth, says Credit Suisse in their 2018 Global Wealth Report. According to Credit Suisse, the Gini wealth coefficient in India has gone up from 81.3% in 2013 to 85.4% this year, which shows inequality has risen. As the Credit Suisse report says: “While wealth has been rising in India, not …