There is no limit to the increase in millionaires in India. The number was 1,26,700 in 2009 which has increased to 1,53,000 in 2010 according to the World Wealth Report released by Capgemini and Merrill Lynch Wealth Management. According to this each day in 2010 has increase of about 72 new millionaires in India. According to the business circles this growth is due to the strong performance of all asset classes and modest recovery of economy.
BUt what about the poor people becoming poorer by minute? There will be no mention about them. For each new millionaire, thousands of poor and lowest strata people are increasing. The neo-liberal policy benefits only about 5% of the higher strata and nobody else. But the ruling class in the country are satisfied with the growth of millionaires and billionaires.