INDIA'S WEALTH STORY: PROGRESS AND INEQUALITY SINCE INDEPENDENCE
DOI:
https://doi.org/10.53555/eijhss.v10i1.220Keywords:
inequality, governance, public policy, privatization, indian growth storyAbstract
The study investigates the trajectory of inequality and wealth distribution in India from post-independence to the present. Contrary to the anticipated decline in inequality post-independence, the economic gap persisted and escalated, particularly since the early 2000s. The concentration of wealth has surged significantly between 2014-15 and 2022-23, leading to greater economic disparity than during British colonial times. The paper analyzes the multifaceted factors contributing to the persistence and visibility of inequality in India, including governance, public policy, and privatization. The findings underscore the complex interplay between economic policies and social structures in shaping India's inequality landscape over the decades.
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