News > Explained: How a raging pandemic is widening India's wealth gap
Explained: How a raging pandemic is widening India's wealth gap
India Today | 17/09/2020 05:37 PM | Click to read full article
In India, the wealth gap has been rising sharply during the ongoing pandemic as previous levels of income inequality were already high.
India's growth over the last two decades has been unequal, especially during the period of 2000-2007. While income levels had been improving slowly for a majority of the low and middle-income populations, the pandemic seems to have brought that trend to a grinding halt - that would be hard to reverse for years.