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Income Inequality in India: Facts and Recommendations
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Author(s): Ngozi Bosede Adeleye (Covenant University, Nigeria), M. Abdul Jamal (The New College, India), M. Fakir Ismail (The New College, India)and S. Mohamed Nazeer (The New College, India)
Copyright: 2019
Pages: 8
Source title:
Handbook of Research on Indigenous Knowledge and Bi-Culturalism in a Global Context
Source Author(s)/Editor(s): Shahul Hameed (Te Wānanga o Aotearoa, New Zealand), Siham El-Kafafi (Arrows Research Consultancy Limited, New Zealand)and Rawiri Waretini-Karena (Te Whare Wānanga o Awanuiārangi, New Zealand)
DOI: 10.4018/978-1-5225-6061-6.ch021
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Abstract
Social inequality means that certain individuals or groups have more material resources than others. Poverty implies some insufficiency in the material resources of an individual or group. The exploitation of the poor by the rich can be contained by reducing the level of inequality between the rich and the poor, which in turn depends upon reducing poverty through economic reforms. If economic reforms bring about steady and sustained growth in the economy, the poor could benefit in two ways. First, experience has shown that growth (particularly the agricultural growth) trickles down to the poor. Second, sustained growth creates an environment that is, on the whole, congenial for empowerment of the poor. The dependence of the poor on the groups dominating them becomes less precarious owing to expansion of opportunities for employment, education, occupational mobility, and for achieving higher social status.
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