Growth over the last decade has been "broad-based" and the consumption gap among the rich and poor in both urban and rural ...
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Income inequality down sharply, rich-poor divide in asset ownership narrowed: Sitharaman
Income inequality in India has "declined sharply", Finance Minister Nirmala Sitharaman said in the Lok Sabha on Monday, ...
In India, talking about money is still uncomfortable. People are hesitant to disclose income, especially if it’s informal, ...
Statistics can be fairly deceptive. At least, this is suggested by latest estimates released by World Bank, according to which India’s extreme poverty rate dropped to 5.3% in 2022-23 from 27.1% in ...
IT IS NOT just naive tourists who ask the question. It is common, too, among highly educated Indians who live in nice homes and employ maids, cooks and drivers. It goes something like this: how, in a ...
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