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The Distribution of Household Wealth in India

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  • Sreenivasan Subramanian
  • D. Jayaraj

Abstract

This paper 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 1961-62, 1971-72, 1981-82, 1991-92, and 2002-03. The data available are described, critically appraised, and analyzed 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.

Suggested Citation

  • Sreenivasan Subramanian & D. Jayaraj, 2006. "The Distribution of Household Wealth in India," WIDER Working Paper Series RP2006-116, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:rp2006-116
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    File URL: https://www.wider.unu.edu/sites/default/files/rp2006-116.pdf
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    References listed on IDEAS

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    Cited by:

    1. Anoop S. Kumar & P. Yazir & G. G. Gopika, 2019. "Consumption Inequality In India After Liberalization: A Caste Based Assessment," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 64(01), pages 139-155, March.
    2. DAVIES, JAMES B & Shorrocks, Anthony & Sandstrom, Susanna & WOLFF, EDWARD N, 2007. "The World Distribution of Household Wealth," Center for Global, International and Regional Studies, Working Paper Series qt3jv048hx, Center for Global, International and Regional Studies, UC Santa Cruz.
    3. Zacharias, Ajit & Vakulabharanam, Vamsi, 2011. "Caste Stratification and Wealth Inequality in India," World Development, Elsevier, vol. 39(10), pages 1820-1833.
    4. Amy Y. C. Liu, 2009. "Inequality among the rural poor: A tale of two cities in India and Vietnam," International and Development Economics Working Papers idec09-04, International and Development Economics.
    5. Patrick Honohan, 2006. "Household Financial Assets in the Process of Development," WIDER Working Paper Series RP2006-91, World Institute for Development Economic Research (UNU-WIDER).
    6. Mr. S.Hirashima, 2009. "Growth-Poverty Linkage and Income-Asset Relation in Regional Disparity: Evidence from Pakistan and India (The Allama Iqbal Memorial Lecture)," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 48(4), pages 357-386.
    7. Ghosh, Saibal & Vinod, D., 2017. "What Constrains Financial Inclusion for Women? Evidence from Indian Micro data," World Development, Elsevier, vol. 92(C), pages 60-81.
    8. Azad, Rohit & Chakraborty, Shouvik, 2020. "Green Growth and the Right to Energy in India," Energy Policy, Elsevier, vol. 141(C).
    9. Swati Dutta & Lakshmi Kumar, 2016. "Is Poverty Stochastic or Structural in Nature? Evidence from Rural India," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(3), pages 957-979, September.

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