Economic Inequality in India: A Brief Analysis
Authored by: Jenny Susan John
Edited by: Kausumi Saha
Read the paper here.
India, along with witnessing tremendous economic growth rates since the 1980s, has seen a surge in economic inequality as well. India was ranked 2nd in a recent UNDP report on growth in income inequality globally, and 147th out 157 countries in Oxfam’s Report on Commitment to Reducing Inequality. This paper seeks to analyse and compare the rise in income, wealth and wage inequality, and looks at policy recommendations that can help reduce the exacerbation of the class divide in India.