Why in news?
Recently, researchers from the Paris School of Economics have shown inequality in modern India to be greater than colonial times.
What is the impact of inequality on democratic processes?
Mark up refers to the difference between the cost of producing a product or service and its selling price
Kuznets curve describes a U-shaped relationship between inequality and growth, inequality first increases and later decreases in the process of economic development
How can redistribution be harmonized with economic growth?
What should be done?
Quick Facts
Greedflation |
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References