Question

poverty has reduced but the gulf between the rich and the poor has widened explain​

Answer 1

Answer:

In India, the rich have gotten richer, while the poor haven't had much luck. A new report by the World Inequality Lab, promoted by economists Thomas Piketty, Facundo Alvaredo, Lucas Chancel, Emmanuel Saez and Gabriel Zucman, underlines this stark reality of income inequality in India. Inequality in the country has risen substantially since the 1980s as India adopted globalization, and broke away from being a highly regulated economy with socialist underpinnings. There is now data to show that globalization has benefited just a tiny fraction of the population and its rising ride hasn't lifted all boats.