Where are you in India’s wealth distribution?

Where are you in India’s wealth distribution?
92.3% of adults have wealth less than $10,000 while a negligible percentage, about 760 people, have wealth of over $100 million each
Credit Suisse’s latest annual Global Wealth Report says India is home to 245,000 dollar millionaires. The country has a share of 0.7% of the global top 1% by wealth, who collectively own half the world’s total wealth. In India, 340,000 adults are part of this elite group. There are 1,820 adult Indians who have wealth over $50 million, and, at the very apex, 760 have more than $100 million.

The chart shows India’s wealth pyramid. At the bottom, 92.3% of adults have wealth less than $10,000. Above that, in the $10,000 to $100,000 bracket, we have 7.2% of Indian adults. And 0.5% of us have wealth over $100,000.

Incidentally, the upper limit of the bottom bracket, or $10,000 is very high by Indian standards because median wealth in India is a mere $1,295 per adult

........Military Honours to Two WW-I Indian Soldiers of 39th Royal Garhwal Rifles at France

Mortal remains of two Indian soldiers of 39 Garhwal Rifles were laid to rest at Military Cemetery at Laventie, France. A delegation comprising of Commandant and Subedar Major of the Garhwal Rifles Regimental Centre, two bagpipers from the Garhwal Rifles Regimental Pipe Band and Colonel Nitin Negi, grandson of late Naik Darwan Singh Negi, Victoria Cross, attended the ceremony.

On the occasion, homage was also paid to the soldiers of Indian Meerut Division at Nueve Chapelle War Memorial by laying wreaths on behalf of the Chief of the Army Staff, Indian Army by Brigadier Indrajit Chatterjee, Commandant and Subedar Major Trilok Singh Negi, SM of the Garhwal Rifles Regimental Centre. The Commandant expressed his gratitude to the Commonwealth War Graves Commission for the excellent care and maintenance of the War Memorial dedicated to Indian soldiers in France and Flanders. He also thanked the Government of France for the conduct of the solemn ceremony.

.........................National Power Portal(NPP) – a Centralized Platform for Collation and Dissemination of Indian Power Sector Information

NPP to be a single point interface for all Power Sector Apps launched previously by the Ministry
NPPis a centralised system for Indian Power Sector which facilitates online data capture/ input (daily, monthly, annually) from generation, transmission and distribution utilities in the country and disseminate Power Sector Information (operational, capacity, demand, supply, consumption etc.) through various analysed reports, graphs, statistics for generation, transmission and distribution at all India, region, state level for central, state and private sector.

The NPP Dashboard has been designed and developed to disseminate analyzed information about the sector through GIS enabled navigation and visualization chart windows on capacity, generation, transmission, distribution at national, state, DISCOM, town, feeder level and scheme based funding to states. The system also facilitates various types of statutory reports required to be published regularly.The Dashboard would also act as the single point interface for all Power Sector Apps launched previously by the Ministry, like TARANG, UJALA, VIDYUT PRAVAH, GARV, URJA, MERIT.

NPP is integrated with associated systems of Central Electricity Authority (CEA), Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and other major utilities and would serve as single authentic source of power sector information to apex bodies, utilities for the purpose of analysis, planning, monitoring as well as for public users. The system is available 24x7 and ensures effective and timely collection of data. It standardized data parameters and formats for seamless exchange of data between NPP and respective systems at utilities.

..............................................300 Cyber security experts to attend first ever Asia Pacific Computer Emergency Response Team (Apcert) Conference

The Indian Computer Emergency Response Team (CERT-In) under the aegis of Ministry of Electronics & Information Technology organizing the Asia Pacific Computer Emergency Response Team (APCERT) Conference from November 12-15, 2017 in New Delhi. This is the 15th Conference of APCERT and first ever conference in India and South Asia and is expected to be attended by 21 economies.

The conference theme is "Building Trust in the Digital Economy". November 12-14 are closed for AGM and other APCERT meetings. The open session including industry, academia, civil society and Government stakeholders will be held on November 15, 2017 at Hotel The Ashok, New Delhi. This will be inaugurated by Shri Ravi Shankar Prasad, Hon'ble Minister of Electronics & Information Technology, and is expected to be attended by over 300 cyber security professionals from the Asia Pacific region, USA, Europe, Industry, Academia, Government and Media.

....................................Pankaj Advani clinches his 17th world title after thrashing Mike Russell in IBSF World #Billiards Championship.

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