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Snakes and Ladders: Intergenerational Income Mobility in India |
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Jhilam Ray and Rajarshi Majumder |
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Development policies strive for improving living standards over time and generations,
equitably as far as possible. India’s impressive macroeconomic growth during last decade is
criticised for benefitting a narrow band leaving out traditionally marginalised social classes.
We explore intergenerational income mobility during the last two decades in India using
nationally representative survey data. Mobility has been generally low and though stickiness
over generations is declining, most of this is caused by more downward movement than up.
Improvement has not occurred for the tribals who are spatially isolated and hence outside the
orbit of mainstream economic dynamics calling for more inclusive policies. |
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