Income Inequality Declines, 74.2% Are Earning Up To Rs 5 Lakh
25 Oct 2024
A recent report from the State Bank of India (SBI) reveals a significant 74.2% reduction in income disparity for individuals earning up to ₹5 lakh annually between the fiscal years 2013-14 and 2022-23. This analysis challenges the common perception of increasing inequality in India. The SBI Economic Department's report examined...
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