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UK's richest 10% took half of India's wealth during colonial era: Oxfam report

IndiaTimes Monday, 20 January 2025
Oxfam’s 'Takers, Not Makers' report reveals Britain extracted $64.82 trillion from India during colonialism, enriching the UK's elite and middle class. It details the suppression of India’s industrial growth, the modern impact on global inequality, and ongoing exploitation by multinational corporations linked to colonial practices.
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Video Credit: Oneindia - Published
News video: Explained: How UK's Richest 10% Took Control of Half Of India's Wealth | Shocking Details Revealed

Explained: How UK's Richest 10% Took Control of Half Of India's Wealth | Shocking Details Revealed 03:16

 A report by Oxfam reveals that Britain’s richest 10% extracted $34 trillion from India between 1765 and 1900, accounting for nearly half of the wealth taken during colonial rule. The report, titled "Takers Not Makers," highlights colonialism's devastating effects, including the decline of India’s...

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