Infographics 2025

Rising Income Disparities in India: Trends in Per Capita Real Net National Income (1953-2023)

Rajesh Shukla

The annual per capita real net national income data from 1953-55 to 2022-23 highlights a stark rise in income inequality across different income groups in India. The top 10% of earners saw their income surge over sixfold, from Rs. 47,285 in 1953-55 to Rs. 3,03,757 by 2022-23, largely benefiting from economic liberalization and the expansion of high-income sectors like IT and finance.

In contrast, the bottom 50% experienced slower income growth, rising by 642% from Rs. 6,119 in 1953-55 to Rs. 45,361 in 2022-23, illustrating a widening income gap. The middle 40% saw moderate growth, with their income increasing from Rs. 15,298 in 1953-55 to Rs. 1,15,869 in 2022-23, reflecting steady but less dramatic improvements. The data underscores the growing disparity in income distribution, with the top earners experiencing significantly greater prosperity compared to the lower and middle-income groups.