Provides estimates of the 1993-94 returns to education in wage employment in India by gender, age cohort, and location (urban-rural); also evaluates the changes in returns over the period 1983-94 using a large national-level household survey. Finds evidence, for example, of substantial gender and rural-urban differences in returns to schooling.…

There is hardly any estimate of returns to schooling in India based on national level representative data for the recent period. This paper provides estimates of the economic returns to education in India by gender, age cohort, and location (by rural-urban) for the most recent period 1993-94, and also evaluates the changes in returns over a period…