NEW DELHI: All India Debt and Investment Survey 2019 by National Statistics Office (NSO), Ministry of Statistics and Programme Implementation, states that India’s top 10 per cent of urban households own on an average of Rs 1.5 crore in assets, as against Rs 2000 for those at the bottom of list. This data shows a steep difference between the rich and poor in Indian cities.
The survey also shows that the situation is a little better in rural areas where the top 10 per cent households own an average of 81.17 lakh in assets against Rs 41,000 of the bottom class in this pyramid. The survey mentioned that the poor households are better off in rural areas than those in urban regions.
The survey was conducted for the period of January 2019 to December 2019 as part of the 77th round of National Sample Survey (NSS). Basic purpose of the survey on Debt and Investment was to examine the basic statistical information on the assets and liabilities of the households as on June 30, 2018.