Oxfam International Report Claims That During Corona Pandemic A Billionaire Emerge In Every 30 Hours Ann

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Oxfam International Report Claims That During Corona Pandemic A Billionaire Emerge In Every 30 Hours Ann

Profiting From Pain: In the last two years, the Corona Pandemic must have destroyed many lives and ruined the homes of many. But for some rich people, this epidemic proved to be a boon. We are not saying that. This thing has come to the fore in a report. According to this report, Kovid 19 has worked to widen the gap between rich and poor. On the one hand, where every 33 hours more than one million people are falling victim to extreme poverty. On the other hand, during this pandemic, a billionaire is born every 30 hours.

This information has come to the fore in a report by Oxfam International. The name of this report of Oxfam is ‘Profiting from Pain’. The report was released in Davos, Switzerland. Oxfam is an organization that works for equality. And this organization has released this report when the rich and powerful people of the world are gathering for the annual meeting of the World Economic Forum 2022 in Davos.

Explains what has been said next in this report

The report states that Prices of essential commodities are on fire, It has also been said that such a terrible condition is being seen after many decades. Giving data, this organization said that the billionaires in the food and energy sector are increasing their wealth by one billion dollars every two days. Let us tell you that the World Economic Forum is an international organization of public-private partnership. Due to Kovid, their meeting is being held after a gap of two years. According to this Oxfam report corona pandemic During this 573 new billionaires were made. According to his math, every 30 hours during this epidemic, a new person became a billionaire. The report further fears that this year more than 26 crore people may become victims of dire poverty. A figure has also been given that the increase in the wealth of those who are billionaires in 24 months is equal to the increase in 23 years.

become rich by breaking the system

There is another startling statistic. In 2000, the share of billionaires in the world’s GDP was 4.4%. Now it has increased to 13.9%. Now you may have a question. The question is at what cost is their wealth increasing. In a statement on this, Oxfam says that People have to work hard for a long time in less money and in bad condition. Those very rich people have twisted the system in their own way and are now taking advantage of it. The immense wealth that has come to the rich has come because of privatization and monopoly. This is what Oxfam says.

Three sectors earned the highest profit

Oxfam further said that in order to reach such richness, the rich also made the workers’ rights very weak. And hide your money in tax havens. It has also been said on behalf of Oxfam that governments have contributed equally to all this. According to a fact of the report, energy, food and pharmaceutical are the three sectors that have made the most profits. There are 62 new billionaires in the food sector alone. Earlier there were only 8 billionaires in the food sector of Pandemic. From Sri Lanka to Sudan, there has been an outcry because of the terrible poverty. 60 per cent of low income countries are at a terrible risk of falling into the debt trap. A figure has also been given that people from poor countries have to spend at least twice as much on food as compared to rich countries.

Apart from this, another figure has come out in which the 10 richest people in the world have more wealth than 40 percent who are the poorest people. If you understand this easily then the world’s The wealth of the 10 richest people is greater than that of more than 3 trillion people, According to the report, if we talk about the bottom 50 percent ie 50 percent of the people, then they will earn as much in 112 years by their hard work. The top one percent means that the richest earn that much in a year.

Talking about the pharma sector, in this sector 40 new billionaires become, Where close to 200 million people lost their lives due to Kovid, the economies were ruined. In such a situation, two suggestions have been given by Oxfam to the leaders gathering in Davos, in which the first is that the rich people should act as proxies and let the people be ruined and the second is to remove their great majority from such a situation. do the work.

Also read: World Economic Forum released the list of global youth leaders, know who are included in the list?

Also read: WEF Davos 2022: PM Modi said – We went ahead with the idea of ​​’Make in India, Make for the world’, also made a statement on Cryptocurrency

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