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Trends in Poverty and Inequality:An Analysis of the High Growth Period in India |
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Rajesh Shukla, Ishan Bakshi and Palash Baruah |
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In this paper, the authors analyse the trends in poverty and inequality from 2004-05 to 2007-08 using NSSO data. State-wise figures for the rise in the monthly per capita consumption expenditure and the corresponding reduction in poverty in rural and urban are as have been estimated to examine the underlying heterogeneity. Furthermore, these findings have been supplemented with an analysis of data on real wage growth in the labour and salaried employment categories. Additionally, in order to assess the impact of a growth rate of 9 percent on the trajectory of inequality, the authors, instead of relying solely on inequality based on consumption expenditure,have estimated wage inequality as well. The estimates show how inequality, based on different parameters, has not followed a homogeneous trend. |
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