The Household Consumption Expenditure Survey (HCES) results revealed a decline in consumption inequality over the last decade in India. The share of the top 10% households in consumption decreased by 1.9% in rural areas and 4% in urban areas. The Gini coefficient, a measure of inequality, showed a decline between 2011-12 and 2022-23, indicating a positive trend in income distribution. Read The Rest at :
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