India’s inequality low thanks to more education
One of the remarkable features of India’s growth story, over the past three decades, according to Surjit S Bhalla, has been the fact that inequality levels haven’t risen much. The Gini coefficient, Bhalla pointed out in a presentation to NCAER, was 35.4 in 1983, fell to 33.2 in 1999-00 and then rose to 37.8 in 2007-08 (Bhalla’s findings were, however, contested by Himanshu, Assistant Professor at JNU).
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