What is the Wealth Index?<\/b><\/h5>\n
The wealth index is a measure of living standards based on households\u2019 ownership of items such as televisions to housing features such as drinking water sources. The population is divided into five equally-sized groups based on the index. The top 20% form the richest, and the bottom 20% the poorest quintile.\u00a0<\/span><\/p>\n For uniform wealth distribution across the country, any demographic or state would need to have 20% of their population falling in each of the five wealth quintiles. However, that\u2019s far from true.<\/p>\n India\u2019s urban population is tilted towards the top quintiles indicating a generally higher standard of living, but it has a striking contrast with rural areas. For instance, about 74% of urban Indians belong to the two richest quintiles (top 40% of the overall population). On the other hand, only one in four rural Indians falls into these groups.<\/p>\n Twelve states and Union territories have more than half of their population in the lowest two wealth quintiles. Assam has the highest such share (70%), followed by Bihar (69%) and Jharkhand (68%). Barring Mizoram and Sikkim, all northeastern states fall under this category.<\/p>\n Mahe District of Puducherry has the smallest share of the poor (0.1%), while Supaul district of Bihar has the highest (91.9%).\u00a0<\/span><\/p>\n In Kerala, most districts have less than 10% poor population. The trend is similar in the districts of Punjab and Haryana.<\/span><\/p>\n Hindus and Muslims have a wealth distribution fairly in line with India\u2019s national average with about 20% of their populations in each quintile. Christians have a slightly higher share of the population (26%) in the highest wealth quintile. Only 1.6% of Sikhs fall in the lowest wealth quintile.<\/span><\/p>\n The caste-wise distribution is far more stark. Over 70% of the scheduled tribe population falls in the lowest two quintiles and the same is true for 49% of the scheduled caste population.\u00a0<\/span><\/p>\n The report shows a strong correlation between education and wealth status.<\/span><\/p>\n In India, 45% of households have Below Poverty Line(BPL) cards which are given to families adjudged to be below the poverty line.\u00a0<\/span>However, in some states, the figure exceeds 80%:Andhra Pradesh has the highest share (90%), followed by Chhattisgarh (87%), Telangana (85%), and Karnataka (79%). Among larger states, Punjab has the lowest share (19%).\u00a0<\/span><\/p>\n Source: <\/b>The post is based on the article <\/span>\u201c<\/b>How India fares on NFHS Wealth Index, in 5 charts<\/b>\u201d <\/b>published in<\/span> Livemint <\/b>on<\/span> 11th May 2022.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":" What is the News? According to the National Family Health Survey(NFHS) Wealth Index, a vast chunk of India\u2019s poor in terms of ownership of consumer goods and household assets resides in a handful of eastern and northeastern states. What is the Wealth Index? The wealth index is a measure of living standards based on households\u2019… Continue reading How India fares on NFHS Wealth Index, in 5 charts<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,1305,7965,9],"tags":[10501],"class_list":["post-183830","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-index-reports-bodies","category-miscellaneous-daily-factly-articles","category-public","tag-live-mint","entry"],"jetpack_featured_media_url":"","views":{"total":14,"cached_at":"","cached_date":1698353248},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/183830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=183830"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/183830\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=183830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=183830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=183830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What are the key findings of the index?<\/b><\/h5>\n
Wealth distribution across the country<\/strong><\/h6>\n
![\"\"](\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2022\/05\/photo_2022-05-11-17.22.10.jpeg?resize=472%2C450&ssl=1\")
District Wise<\/b><\/h6>\n
Religion and Caste wise<\/b><\/h6>\n
Correlation between Education and Wealth<\/b><\/h6>\n
BPL Households<\/b><\/h6>\n