Big growth, bigger gaps: India's uneven pay story

Despite India's rising GDP per capita between 2017 and 2024, income inequality in the labor market persists. While median incomes increased, the top 1% experienced faster growth than the bottom 50%. Workforce composition shifts, with a rise in self-employment and a decline in regular salaried jobs, further exacerbate these income disparities, highlighting the need for targeted interventions.