Inequality in India: The gap between rich and poor has reduced in the country, the richest are the villagers of this state

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Inequality in India

Inequality in India: A recent report of NSSO shows that the gap between the rich and the poor in India has reduced during the last 10-12 years…

Inequality in India: Economic inequality is becoming a matter of great concern in India. Some time ago, a report claimed that the gap between the rich and the poor in India has become more than in countries like Brazil and Russia. However, now a relief news has come on this front. A recent report of NSSO shows that there has been some reduction in economic inequality in India.

Rural areas of Kerala are the most prosperous

According to the report of the National Sample Survey Office i.e. NSSO, there has been a good reduction in economic inequality in the country during 2011-12 to 2022-23. The gap between the rich and the poor has reduced in both urban and rural areas. According to the report, Kerala is the richest state in terms of rural areas, where the monthly consumption expenditure per capita is Rs 5,924.

Telangana’s urban richest

According to the NSSO Household Consumption Report, Kerala is the richest state in terms of rural areas, but Telangana is at the forefront in terms of urban areas. In the urban areas of Telangana, people are spending an average of Rs 8,158 every month on consumption. This average is the highest compared to the urban areas of other states of the country.

This trend came out in the report

The report shows that the share of the richest 10 percent of families in the expenditure on consumption has decreased. On the other hand, the expenditure of the poorest 50 percent of the population on consumption has increased. This shows that the gap between richness and poverty has decreased, because the share of the bottom 50 percent of the population is increasing in the total expenditure being made on consumption in the whole country.

The report came after a long gap

The NSSO consumption report has come after a long gap this time. Earlier, this report was last released in 2011-12. After that, the report was to be published in 2017-18 also, but it was postponed. Later, due to the corona pandemic, the survey work got postponed and due to that, there was a delay in preparing the report.

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