Some PerspectiveAnalysis

Inequality

The bottom 50% income share has been falling since 2018

Bottom 50% income share: 15.0% (2014) → 14.7% (2018) → 13.1% (2021) → 12.9% (2026). The decline accelerated post-2018. Together with the rising top 1% share, this is a direct measure of the redistribution that growth has produced.

A literal majority of Indians has a smaller slice of national income today than they had in 2014.

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About this reading

This is one of 36 standing analyses drawn from the Some Perspective dataset. It is not dated commentary: it describes a relationship in the data that holds across the series, and it is regenerated whenever the underlying dataset is refreshed. The figures quoted here reflect the 2026-08-15 data vintage.

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Raman, V.S. Some Perspective: India's Economic Transformation. someperspective.info · CC BY 4.0 · data vintage 2026-08-15. Cite & download · All analyses