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Lag in gauging inequality - The Hindu BusinessLine
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How India has become an unequal republic
In the wake of covid-19, the ILO estimates that 400 million workers in India are at risk of falling into poverty.
(Photo: Getty)
Christophe Jaffrelot,
Kalaiyarasan A.
Inequality based on class, rural-urban metrics and religion has risen. The pandemic will only make things worse
The elites who benefited thanks to the public sector, IITs, IIMs in the era of economic planning are the same class of people who benefited the most post the 1990s pro-business reforms
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Inequality is broadly found to have risen in India between 1990 (which marked economic reforms) and 2020. There are three processes behind this rising inequality, which became apparent in the early 2000s. First, the much-touted pro-market reforms in industry in the 1990s ended up being pro-business reform.