Infographics 2023

Income inequality reigns

Rajesh Shukla

The individual household level picture however shows the stark differences that exist between the lowest-income households and their more well-to-do counterparts. While the average Indian household income figure stands at Rs 543,000, the Destitute and Aspirer households earn hardly one-seventh and half, respectively, of that, while the middle-class and Rich households earn 13 times and 50 times respectively, the amount that a Destitute household does. In terms of expenditure, Middle-Class households spend eight times that of Destitute households while the Rich households’ expenditure is nearly 25 times that of Destitute households.