New Delhi, Delhi, India: Highlights: The study ‘Income Inequality and Labour Markets in India’, prepared by the Institute for Competitiveness, was released on April 29, 2025.

Addressing income inequality in India demands more than aggregate economic growth. As Nobel Laureate Joseph Stiglitz has noted, middle-class erosion threatens both political stability and ...

A s 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 ...

While India’s share in world population is 17.2 per cent that in world millionaires is 1.4 per cent! Global equity requires these numbers to rise, and it is part of the catch-up growth process.

How India’s capital-intensive growth is exacerbating income inequality ... The bottom 50% were getting only 15% of India’s national income in 2022-’23.

Income inequality is so now lopsided that eight men now own the same amount of wealth as the poorest half of the world. A top corporate CEO earns as much in a year as 10,000 garment factory ...

India's Human Development Index ranking improved to 130th in 2023, driven by increased life expectancy and progress in education and income. The nation's HDI value has risen significantly since ...

The rural-urban disparity is severe in India and one of the reasons for it is high educational inequality. According to the Periodic Labour Force Survey 2023 , 26.3% of the Indian population ...

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 ...