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ISSN Approved Journal No: 2320-2882 | Impact factor: 7.97 | ESTD Year: 2013
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Published Paper Details:
Paper Title
Increasing Inequality in India: A Challenge to Inclusive Growth
Authors
Prashant Kumar Chaurasiya, Pushpendra Kumar Shah
Keywords
Inequality in India, Economic Growth, Poverty Alleviation, Income Disparity, Regional Disparities, Informal Sector, Public Services, Social Exclusion,Sustainable Development.
Abstract
India's remarkable economic growth, marked by a GDP surge exceeding 7% annually, has lifted millions out of poverty and fostered a burgeoning middle class. However, beneath this prosperity lies a concerning trend of widening inequality. The World Inequality Lab's 2022 report reveals that a mere 10% of the population controls 57% of the national income, exacerbating disparities. Beyond income, regional gaps persist, and a large informal workforce faces economic insecurity. Addressing this issue is imperative for social stability and maximizing growth potential. This paper explores the multifaceted nature of inequality in India, its drivers, and proposes policy solutions for a more equitable future.
IJCRT's Publication Details
Unique Identification Number - IJCRT24A3099
Paper ID - 254400
Page Number(s) - j274-j278
Pubished in - Volume 12 | Issue 3 | March 2024
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Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882
E-ISSN Number - 2320-2882
Cite this article
Prashant Kumar Chaurasiya, Pushpendra Kumar Shah, "Increasing Inequality in India: A Challenge to Inclusive Growth", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 3, pp.j274-j278, March 2024, Available at :http://www.ijcrt.org/papers/IJCRT24A3099.pdf
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ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
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ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
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