D. Jayaraj is a Professor at the Madras Institute of Development Studies. His areas of research are rural labour markets, poverty studies, demography, and gender issues.
The coexistence of prosperity and poverty in India
21 Oct 2015
Credit Suisse recently reported that the richest 10% Indians own about 75% of the country’s wealth, highlighting the growing problem of inequality. This column presents trends in inequality in India during 1961-62 – 2002-03 based on relative, absolute and intermediate measures. It demonstrates that growth may be considered inclusive or exclusive depending on the measure of inequality used.
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