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Poorest 10% still live on less than Rs 24

Source : BUSINESS_STANDARD
Last Updated: Wed, Aug 01, 2012 19:30 hrs

Rural household consumption grew at a faster rate than urban consumption in July 2011-June 2012, compared to 2009-10, but the bottom 10 per cent of population lived on just Rs 16.7 and and Rs 23.4 a day, respectively, according to the latest National Sample Survey Organisation (NSSO) survey released on Wednesday.

It may suggest the economic slowdown has hit urban areas harder than rural areas, which have more money coming from centrally sponsored projects like the Mahatma Gandhi National Rural Employment Scheme and higher minimum support prices for farm produce.

On an average, the rural population lived on Rs 42.7 per day in 2011-12, higher than Rs 30.9 per day in 2009-10. While urban population lived on Rs 80 per day on an average in 2011-12, compared to Rs 59.5 per day.

Rural per capita expenditure was Rs 1,281.45 per month, while urban per capita expenditure was 87 per cent higher at Rs 2,401.68.

Inequality remained high in both rural and urban areas. If the top 10 per cent of the rural population lived on Rs 115.3 per day per person, or Rs 3,459 per month on an average, the bottom 10 per cent lived on just Rs 16.7 per day, or Rs 503 per month, on an average.

Similarly, in urban areas, where the top 10 per cent lived on Rs 255 per day or Rs 7,651 per month per capita, the bottom 10 per cent spent just Rs 23.4 per day, or Rs 702.26 per month, on an average.




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  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
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