 "income")
Incomes of the super-rich in India are growing at a staggering pace. The share of the top 1 per cent in the national income rose to 21.7 per cent in 2013-14, finds a new study by economists Lucas Chancel and Thomas Piketty.
This is the highest level since the establishment of income tax in 1922. The previous high was 20.7 per cent in 1939-40, prior to the second world war. After this, the rich had seen in their share in total income dip, reaching a low of 6.2 per cent in 1982-83. From 1980 to 2014, the top 1 per cent
