Gini coefficients show that the level of inequality was 0.303 in 2014 and declined to 0.261 in 2021, which fluctuates in the initial years and shows a decreasing trend after 2017. Most notably, the regression-based decomposition approach reveals that the level of education emerges as the primary contributor to explaining the level of inequality, playing a vital role in its reduction. This research highlights the urgent need for the government to intensify its focus on improving education levels in order to reduce the inequality in India effectively.
