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LATEST NEWS UPDATES | India's income divide narrows, wealth divide persists: Survey data -Ishaan Gera

India's income divide narrows, wealth divide persists: Survey data -Ishaan Gera

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published Published on Sep 24, 2021   modified Modified on Sep 27, 2021

-Business Standard

The top 10 per cent among the country's households own more than 50 per cent of the assets.

India’s top 10 per cent households three years ago held 55.67 per cent of the wealth in urban areas and 50.84 per cent of it in rural, shows data released by a state survey last week.

Results from the National Sample Survey Organisation’s All India Debt and Investment Survey (AIDIS) for 2018-19 are in line with earlier estimates of wealth inequality.

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Business Standard, 24 September, 2021, https://www.business-standard.com/article/economy-policy/india-s-income-divide-narrows-wealth-divide-persists-survey-data-121092000448_1.html


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