Muslims and Hindus have similar Annual Household Incomes; Sikhs are most prosperous!

Muslims and Hindus have similar Annual Household Incomes; Sikhs are most prosperous!

Another myth is punctured! Hindus and Muslims are almost neck to neck with regards to Average Annual Household Incomein 24 states and Union Territories! Sikhs, of course, are the most prosperous community in India…. as I have said earlier – Sikhs are the "best practice" community. Every other community should learn from this one community on how to work hard and do well!!

Hindus and Muslims in India are closer as far as average household income; expenditure, savings and even ownership of select consumer goods go.

In rural India, the gap between the two communities’ narrows appreciably and even reverses in some cases in favor of Muslims. Not surprisingly, the Sikhs are the most prosperous lot in India, with highest household income, expenditure and ownership of cars, two-wheelers, TV sets and refrigerators. Christians and other smaller communities don’t lag too far behind either, reported a national daily.

In the first ever exercise mapping the economic contours of different religious communities in India, ET presents an exclusive peek into the National Council of Applied Economic Research’s (NCAER) data analysis from its National Survey of Household Income and Expenditure(2004-05), which was led by senior fellow Rajesh Shukla.

The survey collected primary data from a sample of approximately 63,000 households out of preliminary listed sample of 4,40,000 households spread over 1,976 villages (250 districts) and 2,255 urban wards (342 towns) covering 64 National Sample Survey (NSS) regions in 24 states/UTs.

Hindus and Muslims, at a national level, run neck-and-neck on average annual household income (AHI) of Rs 61, 423 and Rs 58,420, respectively.

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