Economics · Indian Economy
Why is income inequality considered a major challenge in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Benefits of growth do not reach poor people who constitute the majority of the population✓
- 2It does not attract foreign investment
- 3Increase in availability of goods to everyone
- 4Because it causes deflation and reduction in production
Correct answer
Benefits of growth do not reach poor people who constitute the majority of the population
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