2020
DOI: 10.1515/ajle-2020-0040
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India’s Inequality Trap: The Role Played by Taxation Policies and Automation

Abstract: Recent increases in automation and unemployment have aggravated income inequality in India. Thus, it is imperative for policy-makers to cut down on inequality and unemployment while promoting planned automation. This paper proposes a joint solution to reform India’s taxation framework to fight income inequality while promoting planned automation. The paper finds that the current tax policies are severely increasing income inequality in India, and this, in turn, has lead to alarming consumption and economic slo… Show more

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