Income gap

The role of BJP government policies in exacerbating income inequality in India

This article examines the relationship between India’s GDP growth, population growth, and income inequality. The results of statistical tests suggest that despite economic growth, income inequality in India has worsened over time. The article argues that BJP government policies have contributed to this trend by neglecting the needs of marginalized communities and promoting policies that primarily benefit the wealthy.

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Rent_seeking

Rent seeking under cover of licensing and regulation by the government in India and its likely impacts on consumers.

The Indian government’s rent-seeking behavior aimed at achieving self-sufficiency has led to corruption and hampered economic growth. The introduction of Globalization, Liberalization, and privatization policies in 1991 brought about significant changes. However, income inequality persists due to liberalization, and labor laws and unions in each state restrict employment opportunities and mobility nationwide, leading to fraud and hampered growth.

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