Balasubramanian, Sriram; Dhir, Rishabh Kumar; Loungani, … - 2021
Using 2011-12 consumption micro-data, we find that nearly one-third of the variation in living standards in India can … individual's perspective, living standards are higher in richer, but more unequal, locations in India. The central factor behind … these findings is the large difference in average consumption levels between rural and urban India and continued divergence …