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Inequality and Development in India

Inequality and Development in India: Analysis and the Role of Government Welfare Schemes

Introduction Economic development in India over the past few decades has been characterized by high GDP growth, rapid expansion of the service sector, technological advancements, and poverty reduction. However, the persistence of economic inequality poses a serious challenge to sustainable and inclusive development. Inequality is multifaceted, encompassing disparities in income, wealth, education, employment opportunities, and…

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Reducing Inequality and Poverty

Reducing Inequality and Poverty: Pathway to India’s Economic Stability

Introduction Economic development in India over the past three decades has resulted in significant reductions in absolute poverty. According to World Bank data, India’s poverty ratio declined from approximately 45% in the early 1990s to less than 10% by the early 2020s (at national poverty lines). However, the persistence of economic inequality despite high growth…

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