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Arthshastra Indian Journal of Economics & Research

ISSN: 2278-1811 Frequency: Quarterly Peer Review: Double-blind Published since: 2012 Language: English
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Demystifying Wealth Disparity Pattern in India : An Approach Through Decennial Debt Investment Data

Open Access Original Article

Demystifying Wealth Disparity Pattern in India : An Approach Through Decennial Debt Investment Data

Shashank Shekhar Singh1

1 Research Scholar, Department of Economics, Faculty of Social Science, Banaras Hindu University, Varanasi - 221 005, Uttar Pradesh

Volume 9
Issue 1
Pages 25–36
Year 2020
Received: Sept. 5, 2019 Accepted: Dec. 26, 2019 Published: March 31, 2020
Abstract

This paper provided insights in wealth disparity among the rural and urban population in India. The data showed that disparity is prevalent not only in physical assets, but also in financial assets. This disparity is homogeneously present across geographies, that is, rural and urban India. The data available was found to be skewed, and distribution was non-normal. It was observed that shares and debentures owned by urban households were much higher than their rural counterparts as on 31.06.2012. Similarly, in cases of other classes of financial assets, mean value for urban population was higher, which clearly indicated that the investment in financial assets was lower in rural population.

Keywords Disparity Wealth Distribution Rural-urban Divide AIDIS
How to Cite

Shashank Shekhar Singh (2020). Demystifying Wealth Disparity Pattern in India : An Approach Through Decennial Debt Investment Data. Arthshastra Indian Journal of Economics & Research, 9(1), 25–36. https://doi.org/10.17010/aijer/2020/v9i1/151354

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