Published Paper Details:

Every successful endeavour begins with a vision but is rarely in focus; India's biggest phase of evolution towards development is obscure with the nation's stark diversities staring at it. It is undeniable that India has demonstrated its resilience by achieving notable economic booms, despite the deficits of 1991, 2008, 2012, and 2021. However, the jewel in the crown has been the last decade of the Indian Economy where we witnessed a significant amount of uprising in innovation and a huge surge of start-up companies despite the structural challenges, everlasting endeavouring corruption, diminished social welfare, and standard of living. It is critical to recognize that India's development journey is complex and multifaceted, influenced by components like demographic dynamics, regional disparities, socioeconomic inequalities, and so on. And while these differences come with unique challenges, they also present tremendous possibilities for inclusive growth and sustainable development. This research paper on "Wealth and Income inequality in India" dives into the difficult subject of diversity in India, seeking its effect, causes and consequences. The study reveals the stark truth of ingrained disparities in income in India by exposing concentrated wealth ownership and an alarming gap in wealth and income status, where a small proportion of the population enjoys a significant proportion of the nation's resources. Furthermore, this study paper emphasizes the deteriorating trend of inequality, which is being pushed by a confluence of socioeconomic variables such as globalization, technological improvements, and uneven access to opportunities