Corruption and India's 1 percent - Freeland
Posted on November 18, 2011
The Indian economy witnesses a 7% rise in its GDP. As corruption has been the headline complaint in India, citizens are starting to worry about how that growth is being achieved -- and who is benefiting. The measure of income inequality using the Gini co-efficient reflects the growing disparity in income as people with access to resources are the major beneficiaries. Are corrupt business deals the most extreme use -- and abuse -- of those resources and relationships?