Part I had critically examined previous 'adjustments' to the 55th round of the NSS, and offered corrections. Part II puts this round in the context of other NSS rounds to examine the 1990s trends in their entirety. It is now certain that economic inequality increased sharply during the 1990s in all its aspects and, as a result, poverty reduction deteriorated markedly despite higher growth. This has implications for policy, and lessons for future survey design.