Abstract
This chapter should be of particular interest to students of economic growth, deprivation, and disparity in India. It presents a critical account of the extent and nature of growth in India, of trends in money-metric poverty in the country, and of what has happened to inequality in the distribution of consumption expenditure and household wealth. The picture that obtains is one of money-metric poverty that has reduced over time, but is still both deep and wide; of expanding economic inequality and of the location of these two phenomena in an environment of impressive rates of growth which are, however, sectorally lop-sided, vertically and horizontally unbalanced, and largely unaccompanied by any significant improvements on the employment front.
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