The World Inequality Lab, situated in Paris, recently released a report asserting that economic inequality in India has reached its peak since the British colonial era. This study, like many others examining the Indian economy, has sparked discussions regarding the accuracy of the data and the methodology employed. The Chief Economic Advisor penned an article in Mint criticizing the paper’s conclusions. Such debates, while not uncommon, shed light on ongoing issues in the Indian economy. Without the government consistently providing detailed data on consumption and inequality, these discussions may remain subjective, with economists relying on assumptions rather than concrete data.
Understanding the Gap: Exploring the Relationship between Economic Inequality and Politics in India
