Income Distribution Of Indian Population
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This represented a growth rate of 10 0 over the previous year.
Income distribution of indian population. National sample survey 28th round shows that in 1973 74 the lowest 20 per cent accounted for 9 5 per cent of total consumption in rural areas while the highest 20 per cent accounted for 38 per cent. India s per capita income was 1 13 500. Metros population of more than five million boom towns 2 5 5 million niche cities 1 2 5 million and other urban towns less than one million. India suffers from extreme income inequality.
Trends in the distribution of income and wealth are difficult to discern but the evidence of persistence of gross inequalities is clear. As of 2016 about 121 million households in india belonged to the middle income bracket earning a gross annual income between 7 700 to 15 400 u s. Urban india has been divided into four clusters. Across economic sectors in india 2019.
Accessed november 18 2020. India s per capita income was 1 03 000 representing a rise of 9 3 over the previous year. India s per capita income was 1 25 408.
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