Rajnath Singh: Jains form 0.5% of population but pay 24% of taxes

HYDERABAD: Defence Minister Rajnath Singh on Friday lauded the Jain community for its economic contribution, noting that although they form just 0.5% of India’s population, their share in the country’s total tax collections stands at 24%.

Jains contribute 24% of total tax despite being 0.5% of population

Speaking at the inaugural session of JITO (Jain International Trade Organisation) Connect 2025, a three-day event in Hyderabad, Singh said that the world recognizes the community as hard-working and prosperous.

“The share of the Jain community in the Indian economy is remarkable. Their population is 0.5%. But in total tax collection, approximately 24% comes from them,” Singh said.

Community leads in pharma, aviation and education sectors

He added that the Jain philosophy is deeply rooted in Indian culture and offers valuable lessons in India’s spiritual and cultural journey. Singh highlighted that Jains have made significant contributions in sectors such as pharmaceuticals, aviation and education.

Referring to India’s manufacturing growth, Singh said, “From toys to tanks, India is making everything. The day is not far when India will emerge as the factory of the world.”