This book maps the earning, spending and saving profiles of Indians in the post-liberalisation era. It studies how socio-economic, religious, and individual characteristics lead to inequality in the incomes of households. Among other aspects of the problematique, it reveals that while a...

The outlook for digital payments in India is promising, which bodes well for broader financial inclusion through digital channels. Significant shifts have occurred in the policy & regulatory landscape as well as public infrastructure creation to enable a push from cash to digital. These changes...

The rapid rise in the country's middle and high income classes 1 is likely to lead to an even sharper rise in the demand for both consumer durable and consumables. Between 1995-96 and 2001-02, the demand for automobiles, for example, rose by 9.8 per cent annually and is projected to rise 1.5...