AUTHORS:
Diptika Chatterjee and Daman Kaur
The paper represents the dynamic study about inequality in India with its serious implications on the natives of our country. In this paper, by considering alternative survey sources and data collection methods, we begin by developing a measurable cum outcome-based approach, which allows us to study the income dynamics of our country over the past 5 years. We observed studies that are examining education, inequality, and growth across multiple countries. Trends of income inequalities, by a more formal examination of inequality, can also be taken through the decomposition of the Gini coefficient, which measures inequality in household income and consumption. The (Hces 2023–24, n.d.) showed an overall Gini index of consumption expenditure of 0.36, with a higher Gini of 0.39 for urban India as compared to a Gini of 0.30 for the rural area. We emphasised that the quality of economic data in India is notably poor and has seen a constant and significant decline overall. The Annual Status of Education Reports (ASER) data, reported for the years 2020–2024, also reinforces these observations as it offers information about participation and indications of qualitative differences in learning outcome.
