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Growth over last decade has been broad-based: FM
Financial Express Kochi
|December 16, 2025
ACTUAL HOUSEHOLD CONSUMPTION data point to a decisive shift in India's growth trajectory, with the bottom 40% (B40) of the population accumulating wealth and assets far faster than the top 20% (T20), driving a sharp compression in inequality, Finance Minister Nirmala Sitharaman said on Monday.
Replying to the debate on the government's first supplementary demand for grants for net additional spending of ₹41,455 crore in 2025-26, she said the decline in asset gaps is especially pronounced in urban India, where disparities in ownership of motor vehicles and refrigerators have narrowed dramatically.
This story is from the December 16, 2025 edition of Financial Express Kochi.
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