Growth, Poverty, and Inequality in India: Pulling the Threads Together

S. Subramanian ()
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S. Subramanian: Independent Researcher

Chapter Chapter 22 in Inequality and Poverty, 2019, pp 83-88 from Springer

Abstract: Abstract This chapter should be of particular interest to students of economic growth, deprivation, and disparity in India. It presents a critical account of the extent and nature of growth in India, of trends in money-metric poverty in the country, and of what has happened to inequality in the distribution of consumption expenditure and household wealth. The picture that obtains is one of money-metric poverty that has reduced over time, but is still both deep and wide; of expanding economic inequality and of the location of these two phenomena in an environment of impressive rates of growth which are, however, sectorally lop-sided, vertically and horizontally unbalanced, and largely unaccompanied by any significant improvements on the employment front.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-981-13-8185-0_22

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DOI: 10.1007/978-981-13-8185-0_22

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