Economics · Economic Reforms and Income Distribution
In the decades analyzing income distribution trends in India pre-globalization (1950s to 1980s), structural shifts led to narrow fluctuations. By approximately how much did the percentage share of the middle 40% income group change during the stagnant phases before the 1991 reforms?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Around 18.2 percent
- 2Around 12.5 percent
- 3Around 2.3 percent✓
- 4Around 8.8 percent
Correct answer
Around 2.3 percent
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