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  Published Paper Details:

  Paper Title

Addressing Income Disparity in India

  Authors

  Sarvajith itagi

  Keywords

Income Inequality Human Development Regional Development Sustainable Development GDP (Gross Domestic Product) Information Technology Finance Telecommunications Agriculture Employment Regional Differences Per Capita Income Environmental Sustainability Inflation Unemployment Education Healthcare Income Distribution Economic Disparity Social Disparity Revenue Reform Progressive Taxation Universal Basic Income (UBI) Education Investment Healthcare Subsidies Labor Market Policies Financial Access Pol

  Abstract


The following research paper takes a look at Indian income inequality problem in the broad contours of human development, regional development, and sustainable development apart from the GDP. It also demonstrated the potency of information technology, finance, and telecommunications on GDP and at the same time, the importance of agriculture in creating employment. Regional differences are also very prominent with southern and western states showing higher per capita income and better facilities than the northern and eastern states. Consideration is given to how environmental sustainability, inflation, unemployment and education, and health care have influenced or will influence unidentified income inequality. The study discovers that the income distribution of the country reveals that 10 percent of the population possesses more than 70 percent of the total income and thereby contributes toward increasing the economic and social disparity. The policy suggestions entail revenue reform, the use of taxation that is progressive, UBI, education investment, and subsidizing of healthcare, labor market policies, and financial access. The paper uses the concept of successful stories from other countries to compare and recommend policies that can be employed that address issues related to income inequality and promote equity in India's economic development framework

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2409103

  Paper ID - 266161

  Page Number(s) - a894-a904

  Pubished in - Volume 12 | Issue 9 | September 2024

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Sarvajith itagi,   "Addressing Income Disparity in India", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 9, pp.a894-a904, September 2024, Available at :http://www.ijcrt.org/papers/IJCRT2409103.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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