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Business & Strategy

 
Started by : Sujatha srivastava, Associate/Senior Associate, AT Kearney   10 09 2010 05:46:23 +0000
Industry : Private Banking/Wealth ManagementFunctional Area : India(Markets)
Activity:  27 views;  last activity : 10 15 2010 13:34:18 +0000

Total wealth in India has tripled over the past decade to $3.5 trillion and could further increase to $6.4 trillion by 2015, says a report on global wealth by investment bank Credit Suisse.

Relative to the rest of the world, the distribution of wealth in India.  And India’s economy has grown at an average 8% over the past four years, and is estimated to grow 8.5% this fiscal according to RBI estimates.  But, where are we seeing the distribution of wealth in India? because there is not much of a change that we are seeing but then the reports are suggesting that India's wealth will be doubling  from 3.5 trillion to 6.4 trillion by 2015...

 
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1 2 3 4
1 Indian Middle class
2 POLITICIANS AND BUREAUCRATS
3 Tangible & intangible assets
4 Only in Politicians

Indian Middle class

idea posted by Sujatha srivastava Associate/Senior Associate, AT Kearney

The distribution of wealth in India is heavily biased towards the lower end of the wealth pyramid, however, this group has been increasing fairly quickly in recent years and the rate of growth is expected to rise in future if India’s economy continues on its current trend....middle class of emerging consumers, are driving the growth of the world’s wealth and also India's wealth at the moment.....

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I agree with viswa large wealth is distributed among politicians and industrialists.also wealth is being utilised for the development of the country through infracture,transport and other growth areas.

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I too agree with vishwas...as it is clearly evident that apart from IPL owners, jailed politicians, bailed politicians, and failed politicians, we now also have CWG organizers who have joined the bandwagon...Indian Middle Class too has contributed to a large extent in creating and disposing off the wealth that has led to an economic revolution and political evolution where political honchos benefit from the wealth churned out by the middle class.

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by Vishwas , -, --  | 10 09 2010 08:53:05 +0000

I totally agree with this report on global wealth.

Yes!, wealth in India is equally and well distributed among the swiss bank accounts of politicians ,religious leaders ,  corporate owners and all sorts of  antisocial and terrorist groups. :D

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POLITICIANS AND BUREAUCRATS

idea posted by s.baalu Consultant, XYZ LTD

The disparty between the haves and have nots have been constantly widening.On the other hand Politicians and Bureaucrats are sharing the increased prospects.

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Tangible & intangible assets

idea posted by KALIYAMOORTHY Oil & Gas Area Coordinator, Undisclosed

All investments, infrastructures, assets etc are the place where we have the wealth. Industries, Organizations, Instituition, Transportation such as Air, Shipping etc have wealth involved either directly by an Individual or a group.It incudes all products.

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Only in Politicians

idea posted by Chandra shekhar Technical Writer/Quality Assurance, CMMI 3 Software Company, Hyderabad
I dont think other than politicians, our wealth is used else where and ya sometimes it is used for games like Commonwealth games... :(
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