How are the inequalities of income measured in an economy? Examine the policy implications of income inequalities for wider spread poverty in India. Do you think that social protection can play important role in this regard?
Introduction Income inequality refers to the unequal distribution of income among individuals or households within an economy. It has become a significant concern for policymakers in India due to its role in increasing poverty, limiting access to resources, and creating social divisions. In this response, we will discuss how income inequality is measured, its policy […]