Income inequalityIndiaPurposeThe purpose of this paper is to examine income inequality and income mobility, which have been central to understanding India's recent economic development.Design/methodology/approac
We have examined two aspects: the impact of inequality on society in general and whether the effect of inequality is harsher on the poor as compared to the rich. We tested the income inequality hypothesis to answer the research questions. Using two rounds of India Human Development Survey data...
We have used two unique datasets: the Standardized World Income Inequality Database (SWIID) and the KOF Globalization Index – Revisited, and employed the Stock and Watson Dynamic Ordinary Least Square cointegrating regression model for empirical estimation. The rest of the paper is organized as ...
In March 2024, India launched its first artificial intelligence‑enabled customs duty application, Cusbuzz, in an attempt to simplify customs processes. The application provides users with real‑time access to data such as customs tariffs, cess, exemption notifications and integrated goods and servi...
The NFHS does not collect data on household income, hence this index is used. It is calculated using readily available information on a household's possession of specific items, including bicycles and televisions, as well as information on the materials used in the building of houses and the ...
Comparing the resulting three approaches using Indian data, we show that the different approaches lead to different poverty conclusions. We find that not taking preferences into account leads to severely underestimating urban poverty.doi:10.1007/s10888-019-09434-6Aditi Dimri...
Post Covid-19, GDP data indicates a strengthening of private investment, with Q3 estimates showing a year-on-year growth rate of 7.8%. The surge in government and private capital expenditure has boosted domestic demand, insulating the Indian economy from external shocks and global economic challeng...
IndiastatEconomy gives in detail Statistical Data about Balance of Payment (BoP), Banks and Financial Institutions, Capital Markets, Economic Census, Economic Survey, External Assistance/Debt, Flow of Funds, Foreign Exchange Reserves (FER), Foreign Trade, Govt. Securities, Human Development Index (...
Demographical Statistical Data are helpful in better understanding for certain backgrounds or characteristics of the population, whether it’s their age, ethnicity, work, income, marital status etc. Therefore, the Indian government does a detailed decadal exercise to count the people. IndiastatDemographi...
The Gini Index represents a statistical measure used to assess income inequality within a country. It quantifies the distribution of income or wealth among the population, with a higher Gini Index indicating a greater level of inequality, while a lower index suggests a more equitable distribution....