India’s economic rise has been impressive but growth could stall if we let deep disparities persist
Further, the gap between the richest and the poorest has shown little change between 2014 and 2024. The report also highlights that India’s middle class, the backbone of our economy, remains a squeezed and fragile group, capturing only a modest share of income, owning limited wealth and gaining far less from growth compared to the top. These numbers reveal an uncomfortable contrast. India’s economy is expanding rapidly, yet the distribution of that growth remains narrow.
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