INTRODUCTION
Equal distribution of income and wealth is backbone for social harmony and stability in any
country. Globalization created fresh opportunities for hundreds of millions of people, but
the gap between rich and poor in many countries is increasing. Increase in the role of private
sector coupled with increase in demand and earnings of skilled workers when compared to
unskilled and semiskilled is a matter of discourse.
Persistence of economic inequalities often lead to social inequalities. The present article
focuses on the various kind of economic inequalities based such as income, consumption,
distribution of wealth, spatial as well as temporal inequalities