ABSTRACT

This chapter deals with the performance of Indian economy in the post-reform period in terms of economic growth, inequality and well-being. A detailed analysis of whether the economic growth had reduced inequalities across the social categories, economic groups and geographical regions is presented. It also analyses whether high economic growth experienced in the post-reform period contributed to concomitant employment generation as well as reduction in non-income deprivations like malnutrition among the women and children. The chapter provides the incidence of household multidimensional poverty for States and All India by considering three deprivation indicators viz., income poverty, child malnutrition, and adult female Chronic Energy Deficiency (CED). Based on the positive and negative features of development, it discusses the challenges for achieving inclusive growth and makes suggestions for rapid reduction of multidimensional poverty, particularly among the Scheduled Caste and Scheduled Tribe households.