Income inequality remains a critical challenge in India, a nation characterized by a multifaceted economy where formal and informal sectors operate side by side. Accurate measurement of income inequality is vital for formulating policies that promote inclusive and equitable growth.....
India’s economic transformation over the past two decades has lifted millions out of poverty and positioned the nation among the world’s fastest-growing economies. However, this growth has not been evenly distributed. Persistent disparities in income, expenditure, and savings highlight a fragile narrative of inequality...
India’s population can be categorised into four socioeconomic groups: destitutes, aspirers, middleclass, and rich. PRICE findings reveal three attitudes: associating success with ownership,embracing simplicity, and showing indifference toward material wealth.....
India must bridge its educational divide to lay a foundation for a truly developed, inclusive and resilient country by 2047....
Income inequality in India remains a critical challenge, despite decades of robust economic growth, particularly following the economic liberalization of the 1990s. While millions have risen out of poverty, wealth continues to concentrate in the hands of a small elite, widening the gap between the rich and the poor. The wealthiest individuals now hold a disproportionate share of the nation's wealth, while vast segments of the population—especially in rural and marginalized communities—still struggle with limited access to essential services like education, healthcare, and economic opportunities....
