Income Inequality In India Pdf
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Income inequality in india pdf. Despite this rapid growth india has had high levels of income inequality. Profmahendra igidr ac in abstract it is going to be 25 years since india embarked on big bang economic reforms in 1991. The role of caste anjana thampi research scholar centre for economic studies and planning jawaharlal nehru university new delhi india. By 2010 india s top 10 controlled nearly 30 of india s assets and the share of the.
E31 d31 r00 keywords. It is estimated that the richest 20 populace in india now make 12 times more of what the poor 20 populace does. 10 policymakers in india adopted a middle path in which there was a tolerance towards income inequality provided it was not excessive and could be seen to result in a higher rate of. The present paper tries to find out the reason behind this income inequality in india during the post globalization era and explore the possible options to bridge the gulf between rich and poor.
The report by world economic forum and oxfam for india4 reiterates the growing divide. In 1994 the top 10 of india s population and the bottom 40 controlled the same portion of india s wealth around 25. In addition the national sample survey organization. Given the lack of consistent historical income inequality data in india.
Income inequality in india free download as powerpoint presentation ppt pptx pdf file pdf text file txt or view presentation slides online. Inflation core inflation commodity prices food prices india china income. In addition to this the income growth of the rich and the middle class indians has grown by 9 since the 1990s. We study the evolution of income in india from 2014 19 and find that while income inequality remains largely consistent over this time the lower end of the income distribution has experienced significant losses the bottom ventile shows not only a decline in income share of 38 but also negative real average income growth of 4 6 per annum.
Economic reforms poverty and inequality s mahendra dev indira gandhi institute of development research igidr general arun kumar vaidya marg goregaon e mumbai 400065 india email corresponding author.