ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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On the Interpersonal Inclusiveness of India's Consumption Expenditure Growth

This paper reviews the evidence on the interpersonal inclusiveness of the growth in consumption expenditure that has occurred in India over the last four decades or so. The notion of dynamic inclusiveness is framed in terms of imagined normative allocations of the inter-temporal product of growth, as dictated by notions of equity of varying orders of demandingness. There are analytical parallels between these exercises and those involved in the study of bankruptcy in "Talmudic estate problems", as well as in the determination of optimal anti-poverty budgetary allocations. Inclusive growth in this paper is assessed with respect to inclusiveness across income classes. The results of the investigation undertaken in the essay suggest distressingly little evidence of interpersonal inclusiveness in India's consumption growth experience.

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