Inequality rising in India, shows data on spending



the 68th National Sample Survey Organization’s (NSSO) findings seem to reaffirm that the benefits from this boost in the economy have been cornered by the upper crust, while the poorest continue to languish in near destitution.

Compared with the previous survey, which was conducted in 2009-10, the monthly expenditure of the poorest 10% population in rural India has risen by only 11.5%, while that of the richest 10% has gone up by 38% in the two years. A similar widening of gap is witnessed in urban India as well. While the monthly expenditure of the poorest 10% of urban population has risen by 17.2%, that of the richest 10% is up by 30.5%.

The average monthly expenditure for 2011-12 has been estimated at Rs 1,281.45 in rural India (Rs 42.72 per day) and Rs 2,401.68 in urban India (Rs 80.06 per day). The figures reassert the fact that agriculture and rural economy remains highly unfavourable, with the per capita expenditure level of the urban population on an average 87.4% higher than that of rural Indians.

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Prof.K.Nageshwar
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