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Sunil Jain: Rural rich

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Sunil Jain New Delhi
Last Updated : Feb 06 2013 | 7:01 AM IST

Perspectives

(Number of households in '000)

Annual income in Rs per year

1995-96

2001-02

 

Urban

Rural

Urban

Rural

Under 90,000

29,295

101,881

24,632

110,746

90,000-2 lakh

14,541

14,359

21,267

19,995

2-5 lakh

2,239

1,642

5,762

3,272

5-10 lakh

428

223

1204

507

10-20 lakh

135

53

410

136

20-50 lakh

49

14

161

41

50-100 lakh

9

2

34

6

Above 1 crore

4

1

17

2

 Not surprisingly, by the end of the decade, roughly 11 per cent of demand for cars/jeeps will come from rural areas.

  

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Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

First Published: Jul 21 2005 | 12:00 AM IST

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