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Research Paper | Economics | India | Volume 13 Issue 10, October 2024 | Popularity: 4 / 10

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Income Inequality and its Trend in the North East States of India

Souvik Mukherjee

Abstract: One of the most significant challenges in developing the Indian economy is the widening of regional income inequality. Since its independence, Indian states have experienced different degrees and paces of economic growth, where some states are forerunners in terms of economic growth and some others languishing behind. Despite its economic constraints, Northeast India has survived and played an essential role in shaping the country's economic landscape. This region's unique cultural and geographical features present a distinct economic landscape. Although the average growth of GSDP in the area is below the national average, there have been signs of improvement in the post-reform period. Based on the secondary information collated from reports of the National Sample Survey Organization, Central Statistical Organization, and Reserve Bank of India, the paper examines the trend and growth of inter-state income inequality of eight state economies of the North Eastern region of India.

Keywords: Northeast India, convergence, kernel density function, generalized entropy, income inequality

Edition: Volume 13 Issue 10, October 2024

Pages: 1003 - 1008

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