Evolving Wealth Inequality in Kerala: Mapping the Winners and Losers
C.R.Yadu and Satheesha B
The authors are researchers at the Centre for Development Studies (CDS), Trivandrum, Kerala, India. C.R.Yadu, PhD Scholar
This article tries to analyze the trends in wealth inequality in Kerala in the post reform period. Historical evolution of inequality has followed a ‘U’ pattern in the state with high inequality in the pre-land reform period, decreased inequality in the period of public action and rising inequality in the liberalization period. Land is found to be the most important asset that determines the household’s wealth status. Wealth inequality in Kerala stands very high and it recorded a significant rise in the post the 90’s. The contemporary nature of accumulation is such that it aids the rich to become richer while the economically weaker sections are pauperized. It also revels in the traditional caste divides helping the privileged caste groups accumulate more at the same time leaving no gain for the historically deprived groups.