Overall, while the trajectory of income inequality in India has seen periods of both improvement and deterioration, the recent decrease offers a hopeful sign that efforts to manage and mitigate...
Beyond macro data, there has been little enquiry into the profile of the indebted farmer households.
An overwhelming majority, 87%, of people living in metros belong to the top two quintiles of India's income pyramid but even the richest among them consider themselves 'middle-class', says ICE survey
A majority of Rich India considers itself to be middle class; a third of those actually in the middle of income distribution pyramid consider themselves to be poor...
Just as non-cash shouldn't mandatorily be imposed, neither should cash. Why has this not figured on a reform agenda between 2004 and 2014, or much earlier?...
This is the season for quoting, and misquoting, Keynes. "When the facts change, I change my mind. What do you do, sir?" This is attributed to Keynes, though there is no actual evidence Keynes ever said, or wrote, this...
The discussion on the fall in employment after the November 8 demonetisation relies on anecdotal evidence. It is not backed by data...
Mobility enabled by two-wheelers has a significant relationship with income inequalities...
For every percentage point of GDP growth, there will be a spike in demand for consumer goods and services which, in turn, will boost investment, and the benefits of these will be felt across all sections of the income pyramid...
The right to resources is increasingly becoming the major talking point in the country. The tussle is about how this pie of resources can be cut up more equitably to benefit...
Recent statements by senior members of the Congress party have put the spotlight on the problem of inequality in India. The question is whether the claim of the Congress party is true?
For every percentage point of GDP growth, there will be a spike in demand for consumer goods and services which, in turn, will boost investment, and the benefits of these will be felt across all sections of the income pyramid...
Inequality reduced in urban and rural India from 2011-12 to 2022-23, as shown by the Household Consumption Expenditure survey. The Gini coefficient declined, indicating decreased income inequality...
EARLIER THIS WEEK, three-time chief minister of Delhi, Arvind Kejriwal, stepped down—six months ahead of what would have been the conclusion of his second full term at the helm. An accused in the liquor scam, the former chief minister was released on bail a few days earlier by the Supreme Court. Atishi is taking over as the new chief minister, giving the Aam Aadmi Party (AAP) a new leadership in Delhi.
As India strides toward its vision of Vikshit Bharat (developed India), it must confront the realities of economic inequality, particularly in the agricultural sector, where disparities are deeply entrenched. Agriculture, employing nearly 50% of the population but contributing only 17% to the GDP, reflects a vast divide between smallholders with marginal incomes and a small group of wealthy farmers who control a substantial share of the sector’s wealth. To address this imbalance and drive India’s developmental goals, implementing a well-structured taxation policy for affluent farmers is essential. This would not only generate much-needed revenue but also promote greater economic equity....
India has made remarkable progress in reducing income-based extreme poverty over the past several years, but this journey has been anything but straightforward. From 2015 to 2023, the country experienced a sharp rise in extreme poverty, worsened by the covid pandemic, followed by an equally dramatic recovery. Household income data from PRICE’s ICE 360 surveys (2016, 2021 and 2023) provide critical insights into these fluctuations and sheds light on how government interventions, economic resilience and social programmes shaped the fight against extreme poverty....
Income inequality in India remains a critical challenge, despite decades of robust economic growth, particularly following the economic liberalization of the 1990s. While millions have risen out of poverty, wealth continues to concentrate in the hands of a small elite, widening the gap between the rich and the poor. The wealthiest individuals now hold a disproportionate share of the nation's wealth, while vast segments of the population—especially in rural and marginalized communities—still struggle with limited access to essential services like education, healthcare, and economic opportunities....
