Katya Naidu08 Jan 2024, 17:31
India’s income inequality has been debated since times immemorial. After the pandemic, the term K-shaped recovery, which essentially means an uneven recovery riding on certain sectors, has come to the fore. However, SBI Research doesn't agree with the theory and says that the current economic ‘shift’ has more to do with India’s remarkable ascendance with changing consumer preferences in purchases, savings and more.