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Personal Wealth from a Global Perspective$
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James B. Davies

Print publication date: 2008

Print ISBN-13: 9780199548880

Published to Oxford Scholarship Online: January 2009

DOI: 10.1093/acprof:oso/9780199548880.001.0001

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The Distribution of Household Wealth in India

The Distribution of Household Wealth in India

Chapter:
(p.112) 6 The Distribution of Household Wealth in India
Source:
Personal Wealth from a Global Perspective
Author(s):

S. Subramanian

D. Jayaraj

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199548880.003.0006

This study reviews the principal source of India's wealth distribution statistics, which is constituted by the five decennial Reserve Bank of India National Sample Survey Organization Surveys on Debt and Investment of 1961–2, 1971–2, 1981–2, 1991–2, and 2002–3. The data available are described, critically appraised, and analysed to present some salient findings in terms of the levels of debt, the levels of asset -holdings across the states of the Indian Union and over time, wealth composition, and aspects of vertical and horizontal inequality in the distribution of wealth. The centrality of land and real estate in the wealth status of India is underlined, and some broad aspects of redistributive anti‐poverty policy are spelt out.

Keywords:   assets, liabilities, vertical inequality, horizontal inequality, land, real estate

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