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Income Inequality in India
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Income inequality has been consistently increasing since the mid-1980s and has reached a historical high in India.
Covid-19 has worsened it, reducing the marginalised section of society's income share. Covid-19 compels India to experience the highest annual contraction in its economic activity. The contraction constitutes 7.3% for 2020–21. The prolonged devasting impact of Covid-19 killed and affected millions, and also snatched their livelihoods.
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