Household income

Photo: iStock
Even in terms of contribution to the GDP, women are currently under-represented. Photo: Mint

Empowering women through job creation

4 min read . 28 Nov 2017
A slump in household economy, due to lower household savings and capital expenditure, doesn’t augur well for a speedy revival of overall investment in the Indian economy. Graphic: Mint
The average monthly household income of the richest 1% of Indians is Rs66,627 and that of the richest 10% is Rs35,605. Photo: Priyanka Parashar/Mint
The consumption by Indians has increased more than threefold in the past 10 years and is poised for similar growth in the next decade—leading to a tenfold increase in 20 years—a feat at this scale that has happened very few times in human history. Photo: Pradeep Gaur/Mint

The rise of India’s neo middle class

11 min read . 04 Oct 2016