01342nam a22001337a 4500 533240 533240 260430b ||||| |||| 00| 0 eng d Dasgupta, Zico and Jayadev, Arjun 60357 Economic concentration in INDIA : The role of financial conditions Economic & Political Weekly 61(15), Apr 11, 2026: p.42-51 Trends in corporate concentration in India’s non-financial sector, especially since 2015, are examined, using firm-level data from the Centre for Monitoring Indian Economy Prowess database. Changes in asset and income distribution across firms are reported, noting an overall decline in the public sector’s share and a steady increase in the share held by the top five private business groups on account of an increase in their share of total assets and total debt. This occurred during a period when many other firms reduced their leverage, particularly after the implementation of the Reserve Bank of India’s Asset Quality Review. Descriptive evidence is provided on changes in firm-level borrowing patterns and financial indicators, linking them with the differences in financial conditions across firms. –Reproduced https://www.epw.in/journal/2026/15/special-articles/economic-concentration-india.html Economic & Political Weekly AR 0 0 ddc 0 0 408410 IIPA IIPA 2026-04-30 61(15), Apr 11, 2026: p.42-51 AR138751 2026-04-30 AR