Income disparity declined 74.2% in last 10 years for Rs 5 lakh annual income group: SBI study | India News – Times of India
NEW DELHI: Income disparity has declined by over 74.2% between fiscal year 2013-14 and 2022-23 for those earning up to Rs 5 lakh annually, according to a report by the State Bank of India.The study noted that the lower-income group, defined as those earning less than Rs 5.5 lakh, has experienced positive growth rates over…