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Growth, Poverty, and Inequality in India: Pulling the Threads Together

In: Inequality and Poverty

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  • S. Subramanian

    (Independent Researcher)

Abstract

This chapter should be of particular interest to students of economic growth, deprivation, and disparity in India. It presents a critical account of the extent and nature of growth in India, of trends in money-metric poverty in the country, and of what has happened to inequality in the distribution of consumption expenditure and household wealth. The picture that obtains is one of money-metric poverty that has reduced over time, but is still both deep and wide; of expanding economic inequality and of the location of these two phenomena in an environment of impressive rates of growth which are, however, sectorally lop-sided, vertically and horizontally unbalanced, and largely unaccompanied by any significant improvements on the employment front.

Suggested Citation

  • S. Subramanian, 2019. "Growth, Poverty, and Inequality in India: Pulling the Threads Together," SpringerBriefs in Economics, in: Inequality and Poverty, chapter 0, pages 83-88, Springer.
    • Handle: RePEc:spr:spbchp:978-981-13-8185-0_22
    DOI: 10.1007/978-981-13-8185-0_22
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