"257 people with Rs 226 crore or more": Kolkata's Ultra-wealthy population
Kolkata, Mar 1: The ultra-wealthy population of the metropolis is expected to increase 43.2 per cent to 368 by 2026, property consultant Knight Frank said on Tuesday.
The number of ultra high net worth individuals (net assets of about Rs 226 crore or more) in Kolkata rose from 119 in 2016 to 257 in 2021, Knight Frank said in its Wealth Report 2022.
The report said Mumbai is home to 1,596 UHNWIs, followed by Hyderabad (467 UHNWIs).
India ranked third in billionaire population globally in 2021. US is number one with 748 billionaires, followed by Chinese mainland at 554 billionaires and India with 145 billionaires.
Amongst key Indian cities, Bengaluru witnessed the highest growth in the number of UHNWIs at 17.1 per cent to 352, followed by Delhi (12.4 per cent, 210) and Mumbai (9 per cent, 1,596), the report said.
Knight Frank also said it has for the first time examined the size of the next generation' of the world's UHNWI population and assessed what that could mean for the property markets.
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Congress using hijab issue to pacify minority anger, alleges Karnataka LoP R Ashoka
Bengaluru: Leader of Opposition in the Assembly R. Ashoka has accused the Congress government of using the hijab issue to placate what he described as discontent among minority voters after the Davanagere by-election.
In a post on X on Wednesday, Ashoka alleged that the state government, instead of addressing issues such as price rise, corruption, farmers’ distress and law and order, was attempting to retain its minority vote base by reviving the hijab issue.
Referring to the 2022 dress code introduced by the BJP government, which prohibited hijab in schools and colleges, Ashoka said the Karnataka High Court had upheld the policy and emphasised the importance of discipline in educational institutions.
He questioned the Congress government’s move to revisit the issue and asked whether setting aside the court-backed policy to benefit one community could be described as secularism.
Ashoka further alleged that while the government was willing to permit hijab, it continued to prohibit saffron shawls.
He accused the government of dividing students on religious lines rather than treating schools and colleges as spaces of equality.
Drawing a comparison with Mamata Banerjee’s government in West Bengal, Ashoka claimed that excessive appeasement politics had harmed the state and warned that the Congress in Karnataka could face a similar political response.
He said voters in Karnataka would teach the Congress a lesson for what he termed “vote-bank politics” and for compromising constitutional and judicial principles.
