New Delhi. India, which once used to spit out 'gold', is now producing 'crorepatis'. In the last 5 years, the number of people earning more than 10 crores in the country has increased by 63 percent. Centrum Institutional Research has said in its recent report that during this period, the number of people earning more than 10 crores annually has increased by 20,034. This means that every year 4 thousand people are increasing whose income is 10 crores or more. The report says that currently, the number of people earning this much in the country has reached 31,800.

According to Centrum Institutional Research, the number of people earning more than Rs 5 crore in the country has also increased by one and a half times within 5 years. At present, the number of people reaching this amount is 58,200. The report says that between the financial year 2019 and 2024, the income of people in the country has increased very rapidly. This is also very important because during this time the Corona epidemic caused a lot of damage to the whole world including India.

Those earning more than 50 lakhs have increased one and a half times.
During the same period, the number of people earning more than Rs 50 lakh annually has also increased by 49 percent and has reached Rs 49 lakh crore in the last 5 years. During the same period, the total amount of people earning more than 10 crores has increased by 121 percent annually to Rs 38 lakh crore. Similarly, the total amount of people earning more than 5 crores has also increased by 106 percent from 2019 to 2024 to Rs 40 lakh crore.

The number of people earning 50 lakhs
or more per annum has also increased by 25% to 10 lakhs in the last 5 years. If we talk about the highest increase in the amount, then those earning more than 10 crores are ahead in this case. Their total income has increased by 121% to Rs 38 lakh crore.

Where is this much income coming from?
The report says that the income of the country's high net-worth people is expected to grow at a rate of about 14 percent annually till 2028, which can go up to 2.2 trillion dollars. The biggest way of increasing this income is for people to move towards business instead of jobs. However, you will be surprised to know that only 15 percent of the people in the country get their financial wealth managed by professionals, while at the global level, this figure is 75 percent.