Policy brief 2024

Economic Mobility in India: A Decade of Shifts and Transformations

Rajesh Shukla

In the past decade, India has experienced significant changes in its economic landscape, particularly in the distribution of income across various segments of the population. This policy brief examines these shifts from 2015-16 to 2022-23, highlighting a dramatic reduction in poverty, a decline in t   Read more

Policy brief 2024

The Declining Income Gap Between Hindu and Muslim Families in India

Rajesh Shukla

This research report explores the significant reduction in the income gap between Hindu and Muslim families in India over the past seven years. Utilizing data from a comprehensive survey by the non-profit organization People Research on India's Consumer Economy (PRICE), the report examines income gr   Read more

Policy brief 2024

Evolution of Income Inequality in India Since Independence: Results from India's Household Income Surveys

Rajesh Shukla

This policy report examines the trajectory of income inequality in India from its independence in 1947 to 2023, drawing on household income surveys conducted by the National Council of Applied Economic Research (NCAER) and People Research on India's Consumer Economy (PRICE). The analysis covers data   Read more

Policy brief 2024

Economic Recovery of Indian Households Post-COVID: Exceeding Expectations Yet Challenges Remain

Rajesh Shukla

This research report investigates the post-COVID economic recovery of Indian households, focusing on income distribution across different socio-economic strata. Utilizing data from the PRICE's ICE 360 surveys, this study explores income trends from pre-COVID (2016), during COVID (2021), and post-COV   Read more

Policy brief 2023

Mapping the New Economic Geography of India

Rajesh Shukla, Adite Banerjie, Asha Sharma

India, the world's fifth-largest economy, is undergoing a significant economic transformation characterized by rapid growth, shifting consumption patterns, and evolving regional economic dynamics. Projected to expand from a $1.87 trillion consumer market to a $5.16 trillion market by 2031, India is    Read more