Showing posts with label Sikh community biggest spenders in India. Show all posts
Showing posts with label Sikh community biggest spenders in India. Show all posts

Sunday, August 4, 2013

'Sikhs India's biggest spenders, Muslims the smallest'


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Sikh households are the country's biggest spenders on average, and Muslim households on average the smallest, shows government data compiled for the period July 2009 to June 2010.

Sikh households spent on average about 1.7 times the expenditure by Muslim households, according to the list of major religious groups arranged by average monthly per capita household consumer expenditure (MPCE).

Household expenditure serves as a proxy for income, and is usually taken to reflect standards of living.

According to data from the National Sample Survey Office's (NSSO's) eighth quinquennial survey on employment and Sikhs India's biggest spenders, Muslims the smallest unemployment during the 12 months to June 2010, at the all-India level, the average MPCE of Sikh households was Rs 1,659, while that of Muslim households was only Rs 980.

Spending by Christian households was marginally lower than by Sikh households. Spending by Hindu households was about 27 per cent less than that by Christian households.

The 'Others' category, which includes Jain and Zoroastrian households, was third from the top, recording spending that was marginally lower than that by Christian households but sharply higher than Hindu and Muslim households.

The survey, conducted in the 66th round of the national sample survey, was spread over 7,402 villages and 5,252 urban blocks covering 1,00,957 households and 4.59 lakh persons. Consumption expenditure data was collected in a separate abbreviated worksheet which was integrated with the employment and unemployment schedule.

The data shows that Muslims continue to be the most backward community in economic terms in India.


with thanks : INDIAN EXPRESS : LINK : For detailed news.