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Wealth Inequality, Class and Caste in India, 1961-2012

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Abstract

I combine data from wealth surveys (NSS-AIDIS) and millionaire lists to produce wealth inequality series for India over the 1961-2012 period. I find a strong rise in wealth concentration in recent decades, in line with recent research using income data. E.g. the top 10% wealth share rose from 45% in year 1981 to 63% in 2012, while the top 1% share rose from 12.5% to 31%. Next, I gather information from censuses and surveys (NSS AIDIS and IHDS) in order to explore the changing relationship between class and caste in India and the mechanisms behind rising inequality.
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hal-02878149 , version 1 (22-06-2020)

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  • HAL Id : hal-02878149 , version 1

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Nitin Kumar Bharti. Wealth Inequality, Class and Caste in India, 1961-2012. 2018. ⟨hal-02878149⟩
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