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Sunday, July 10, 2011

INDIAN ECONOMY: National Sample Survey finds huge disparity in Indian income!

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PTI / The Hindu / NEW DELHI, July 8, 2011.

There is a marked difference in spending patterns of the top and bottom strata, according to NSS survey.
There is a marked difference in spending patterns of the top and bottom strata, according to NSS survey.

While average monthly per capita expenditure stood at Rs 1,053.64 in rural areas and Rs 1,984.46 in urban India in 2009-10, there remained a huge gap between the incomes of the top and bottom segments of the population, as per the latest National Sample Survey.
The National Sample Survey also found that food items accounted for the bulk of the expenditure, with the share of food in total household spending at 57 per cent and 44 per cent in rural and urban areas, respectively.
Key indicators from the 66th round of the NSS’ survey released on Friday said the per capita expenditure level of the urban population was on average about 88 per cent higher than that of the rural population, based on the measure of modified mixed reference period (MMRP).
“In terms of MMRP estimates, the average monthly per capita expenditure (MPCE) in 2009-10 was estimated as Rs 1,053.64 in rural India and Rs 1,984.46 in urban India,” it said.
The survey found that the poorest 10 per cent of India’s rural population had an average MPCE of Rs 453, while for the poorest 10 per cent of the urban population, the average MPCE stood at Rs 599.
There is a huge gap between the income level of the top and bottom segments in the country.
The top 10 per cent of the rural population had an average MPCE of Rs 2,517, which is about 5.6 times that of the bottom 10 per cent.
Meanwhile, the top 10 per cent of the urban population had an average MPCE of Rs 5,863, or about 9.8 times that of the bottom 10 per cent.


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