Monday, June 24, 2013

Facts of the Day

17 rupees, or approximately 30 US cents, is what an average poor spends a day in rural India. City-town dwelling Indians are just 10 rupees better off.  52.9% of the total expenditure is for food  in villages while a much higher 42.6% in the towns. This data comes from National Sample Survey Organisation (NSSO), a governmental body.

521  rupees is all that the bottom 5% of the population has to survive a month in rural areas and 700  rupees in urban ones.

As for the media acclaimed rising middle class, the figures show the illusion. The average monthly expenditure of top 5 % of Indian population at a lowly 4,481 rupees in the countryside and only 10,282 rupees in the cities. 

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