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But the authors of the World Inequality Lab study reached this conclusion by tracking how much of India’s total income, as well as wealth, is held by the country’s top 1%. While income refers ...
As India becomes the world's fourth-largest economy with a projected GDP of $4.19 trillion in FY26, Neelkanth Mishra, Chief Economist at Axis Bank, said rising inequality is a structural challenge ...
A controversial cartoon struck a nerve in India as the country of 1.4 billion surpassed China to become the world’s most populous nation, highlighting sensitivities to what critics say are ...
The top 1 percent of India’s population (or 9,223,448 individuals) held 22.6 percent of national income and 40.1 percent of national wealth in 2022-23.
Using income from nationally representative household surveys and district as the lowest level of aggregation, we examine the role of spatial factors in determining income inequality in India. In both ...
Income inequality in India has crossed levels seen during British colonial rule. Hardik Joshi, a financial analyst, wrote a post on LinkedIn mentioning that it has become worse than British rule.
Asked to rate the quality of India's economic growth over the past 10 years, a near-80% majority of economists surveyed, 42 of 53, said it was not inclusive, with 17 saying not at all.
But the authors of the World Inequality Lab study reached this conclusion by tracking how much of India’s total income, as well as wealth, is held by the country’s top 1%.