India Inequality

While India's rapid economic growth since the 1990s has undoubtedly expanded the spending capacity of its 1.4 billion people, acute and rising inequality makes for a budget-conscious median consumer

A recent survey claimed that the annual income of the poorest 20% of Indian households dropped by 53% in 2020-21 from their levels in 2015-16. This report tries to delve into the reasons behind it

In 2014, the share of national income accruing to India's top one per cent of earners was 22 per cent