School of Economics | India’s Income Inequality Woes Are Compounded by Its Black Economy

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30 Jan India’s Income Inequality Woes Are Compounded by Its Black Economy

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BY ARUN KUMAR ON True income disparity cannot be captured by the World Inequality Report because the impact of the black economy is not taken into account. The difficulty with trying to understand income distribution is that the government of India does not carry out income surveys. Credit: Reuters The...