In India, the share of the population that earned at least the equivalent of the highest ** percent of global income earners as of 2022 in purchasing power parity (PPP) terms was ** percent. Hyderabad topped the list with the highest share of middle-class and above category of consumers. Cities from south India topped the list with the first four ranks, followed by the national capital, Delhi.
In the financial year 2021, a majority of Indian households fell under the aspirers category, earning between ******* and ******* Indian rupees a year. On the other hand, about ***** percent of households that same year, accounted for the rich, earning over * million rupees annually. The middle class more than doubled that year compared to ** percent in financial year 2005. Middle-class income group and the COVID-19 pandemic During the COVID-19 pandemic specifically during the lockdown in March 2020, loss of incomes hit the entire household income spectrum. However, research showed the severest affected groups were the upper middle- and middle-class income brackets. In addition, unemployment rates were rampant nationwide that further lead to a dismally low GDP. Despite job recoveries over the last few months, improvement in incomes were insignificant. Economic inequality While India maybe one of the fastest growing economies in the world, it is also one of the most vulnerable and severely afflicted economies in terms of economic inequality. The vast discrepancy between the rich and poor has been prominent since the last ***** decades. The rich continue to grow richer at a faster pace while the impoverished struggle more than ever before to earn a minimum wage. The widening gaps in the economic structure affect women and children the most. This is a call for reinforcement in in the country’s social structure that emphasizes access to quality education and universal healthcare services.
Between the financial year 2016 and 2021, the number of super-rich households in India earning more than 20 million Indian rupees recorded an annual growth of 11.3 percent. The growth is expected to continue in the next decade at 17.5 percent. This will be the fastest growth across all income categories. The share of destitute households is expected to decline by almost 8 percent between financial 2021 and 2031.
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India Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 9.800 % in 2021. This records a decrease from the previous number of 10.000 % for 2020. India Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 6.200 % from Dec 1977 (Median) to 2021, with 14 observations. The data reached an all-time high of 10.300 % in 2019 and a record low of 5.100 % in 2004. India Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s India – Table IN.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).
In the financial year 2021, the number of super-rich households earning more than ** million Indian rupees went up to **** million from **** million in the financial year 2016. This was an annual growth of **** percent. The number is expected to grow to over **** million in the financial year 2031 and ** million households in the financial year 2047. This will be the fastest growth across all income categories. On the other hand, destitute classified Indian households with earnings of less than *** thousand annually decreased only marginally to ***** million in financial year 2021 from **** million in 2016. However, it is estimated that the number of destitute households will fall to just *** million by the financial year 2047.
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Disposable Personal Income in India increased to 296383300 INR Million in 2023 from 273364818.90 INR Million in 2022. This dataset provides - India Total Disposable Personal Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In the financial year 2021, the average annual expenditure of rich households in India was over * million Indian rupees, a stark contrast to destitute category which spent ** thousand Indian rupees. A rich household spent almost ** times that of a destiture household, * times that of an aspirer household, and almost * times that of a middle-class household.
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India HUDCO: Number of Dwelling Approved: Residential: Middle Income Group data was reported at 115,318.000 Unit in 2019. This records an increase from the previous number of 203.000 Unit for 2018. India HUDCO: Number of Dwelling Approved: Residential: Middle Income Group data is updated yearly, averaging 6,086.000 Unit from Mar 2007 (Median) to 2019, with 13 observations. The data reached an all-time high of 115,318.000 Unit in 2019 and a record low of 203.000 Unit in 2018. India HUDCO: Number of Dwelling Approved: Residential: Middle Income Group data remains active status in CEIC and is reported by Housing and Urban Development Corporation Limited. The data is categorized under Global Database’s India – Table IN.ED009: Housing Statistics: Housing and Urban Development Corporation Limited (HUDCO): Number of Dwelling Approved.
According to data published by the Pew Research Center, India is estimated to have had a shrinking middle class as a result of the global recession brought on by the COVID-19 pandemic. It is estimated that the number of people in the middle income tier in India decreased from 99 million to 66 million following the COVID-19 global recession.
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Key information about Russia Household Income per Capita
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In the 3 years to March 2021, black households were most likely out of all ethnic groups to have a weekly income of under £600.
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This dataset contains key characteristics about the data described in the Data Descriptor Physical activity, time use, and food intakes of rural households in Ghana, India, and Nepal. Contents:
1. human readable metadata summary table in CSV format
2. machine readable metadata file in JSON format
Versioning Note:Version 2 was generated when the metadata format was updated from JSON to JSON-LD. This was an automatic process that changed only the format, not the contents, of the metadata.
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Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in India was reported at 0.76123 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Merchandise imports from developing economies within region (% of total merchandise imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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ObjectiveTo estimate individual and household economic impact of cardiovascular disease (CVD) in selected low- and middle-income countries (LMIC). BackgroundEmpirical evidence on the microeconomic consequences of CVD in LMIC is scarce. Methods and FindingsWe surveyed 1,657 recently hospitalized CVD patients (66% male; mean age 55.8 years) from Argentina, China, India, and Tanzania to evaluate the microeconomic and functional/productivity impact of CVD hospitalization. Respondents were stratified into three income groups. Median out-of-pocket expenditures for CVD treatment over 15 month follow-up ranged from 354 international dollars (2007 INT$, Tanzania, low-income) to INT$2,917 (India, high-income). Catastrophic health spending (CHS) was present in >50% of respondents in China, India, and Tanzania. Distress financing (DF) and lost income were more common in low-income respondents. After adjustment, lack of health insurance was associated with CHS in Argentina (OR 4.73 [2.56, 8.76], India (OR 3.93 [2.23, 6.90], and Tanzania (OR 3.68 [1.86, 7.26] with a marginal association in China (OR 2.05 [0.82, 5.11]). These economic effects were accompanied by substantial decreases in individual functional health and productivity. ConclusionsIndividuals in selected LMIC bear significant financial burdens following CVD hospitalization, yet with substantial variation across and within countries. Lack of insurance may drive much of the financial stress of CVD in LMIC patients and their families.
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75% of households from the Bangladeshi ethnic group were in the 2 lowest income quintiles (after housing costs were deducted) between April 2021 and March 2024.
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Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in India was reported at 8.972 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Merchandise exports to developing economies in Sub-Saharan Africa (% of total merchandise exports) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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India Full Service Restaurants Market size was valued at USD 11.12 Billion in 2024 and is expected to reach USD 26 Billion by 2032, growing at a CAGR of 11.2% from 2026 to 2032.Key Market Drivers:Increasing Middle-Class Population: India's middle class is one of the world's fastest expanding groups and its expansion is important to the growth of the FSR market. By 2030, India's middle class is estimated to number more than 600 Million. As the middle class grows, so does the need for higher-quality, variety eating options, as people with larger discretionary incomes go out more frequently.Increasing disposable income: As India's economy grows, disposable incomes rise rapidly. By 2025, it is expected that the average disposable income of Indian households will increase by more than 10%. This increase in disposable income is driving up spending on discretionary items like dining out.
In the financial year 2021, the average annual saving of rich households in India was over 606 thousand Indian rupees, a stark contrast to destitute category which saved only five thousand Indian rupees. The middle-class saved almost 130 thousand Indian rupees annually. During the year, a rich household spent almost 25 times that of a destitute household, eight times that of an aspirer household, and almost three times that of a middle-class household.
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Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in India was reported at 3.6294 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Merchandise exports to developing economies in Middle East & North Africa (% of total merchandise exports) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Background: COVID-19 has already claimed a considerable number of lives worldwide. However, there are concerns with treatment recommendations given the extent of conflicting results with suggested treatments and misinformation, some of which has resulted in increased prices and shortages alongside increasing use and prices of personal protective equipment (PPE). This is a concern in countries such as India where there have been high patient co-payments and an appreciable number of families going into poverty when members become ill. However, balanced against pricing controls. Community pharmacists play a significant role in disease management in India, and this will remain. Consequently, there is a need to review prices and availability of pertinent medicines during the early stages of the COVID-19 pandemic in India to provide future direction.Objective: Assess current utilisation and price changes as well as shortages of pertinent medicines and equipment during the early stages of the pandemic.Our Approach: Multiple approach involving a review of treatments and ongoing activities across India to reduce the spread of the virus alongside questioning pharmacies in selected cities from early March to end May 2020.Our Activities: 111 pharmacies took part, giving a response rate of 80%. Encouragingly, no change in utilisation of antimalarial medicines in 45% of pharmacies despite endorsements and for antibiotics in 57.7% of pharmacies, helped by increasing need for a prescription for dispensing. In addition, increased purchasing of PPE (over 98%). No price increases were seen for antimalarials and antibiotics in 83.8 and 91.9% of pharmacies respectively although shortages were seen for antimalarials in 70.3% of pharmacies, lower for antibiotics (9.9% of pharmacies). However, price increases were typically seen for PPE (over 90% of stores) as well as for analgesics (over 50% of pharmacies). Shortages were also seen for PPE (88.3%).Conclusion: The pandemic has impacted on utilisation and prices of pertinent medicines and PPE in India but moderated by increased scrutiny. Key stakeholder groups can play a role with enhancing evidenced-based approaches and reducing inappropriate purchasing in the future.
In India, the share of the population that earned at least the equivalent of the highest ** percent of global income earners as of 2022 in purchasing power parity (PPP) terms was ** percent. Hyderabad topped the list with the highest share of middle-class and above category of consumers. Cities from south India topped the list with the first four ranks, followed by the national capital, Delhi.