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

Authors

  •   Shashank Shekhar Singh Research Scholar, Department of Economics, Faculty of Social Science, Banaras Hindu University, Varanasi - 221 005, Uttar Pradesh

DOI:

https://doi.org/10.17010/aijer/2020/v9i1/151354

Keywords:

Disparity

, Wealth Distribution, Rural-urban Divide, AIDIS.

JEL Classification

, C10, G00, H10

Paper Submission Date

, September 5, 2019, Paper Sent Back for Revision, November 17, Paper Acceptance Date, December 26, 2019.

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.

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Published

2020-03-31

How to Cite

Singh, S. S. (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

Issue

Volume 9, Issue 1, January-March 2020

Section

Articles
Crossref
Scopus
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Europe PMC

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