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Growth over last decade has been broad-based: FM
Financial Express Chennai
|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.
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