Indian economy since 1980 - Virtuous growth or polarisation?

It is widely believed that India's economic growth in the 1990s accelerated - in response to the orthodox economic reforms initiated in 1991 - mainly on account of a faster growth in the tertiary sector. There is also a growi ng consensus that (i) the improved growth since 1980-81 reduced poverty, an d (ii) the reforms in the 1990s increased the growth rate further without d ampening the process of poverty reduction. This study seeks to verify these propositions. Further, it examines some dimensions of income distribution - a neglected issue in the recent times - to assess if the developments dur ing the last two decades led to a diffusion of growth - or a polarisation i n the economy.