Context
Recent findings from the 'Income and Wealth Inequality in India' report highlight the substantial increase in the income share of the wealthiest 1% of Indians, exceeding levels observed during British colonial rule.
Key-highlights of the Report
1: Dimension- Historical Trends in Income Distribution
2: Dimension- Widening Income Disparity Post-Liberalization
3: Dimension- Comparative Analysis with Global Economies
4: Dimension- Implications and Analysis
Fact Box: Gini Coefficient The Gini index, or Gini coefficient, measures income distribution across a population. Developed by Italian statistician Corrado Gini in 1912, it often serves as a gauge of economic inequality. |
Mains Practice Question
Q Evaluate the effectiveness of existing policy measures in mitigating income inequality in India.
More Articles
Verifying, please be patient.