Publications

India Is Growing Immensely Wealthy…

India has the potential to become the fastest-growing economy in the world over the next two and half decades, with a sustained conservative annual growth rate between 6 per cent and 7.5 per cent.

Publications

Top incomes

The survey shows that the share of the top 1% in aggregate household disposable income is 6%. The share of the top 10% in the aggregate...

Publications

Education effect

Top earners are likely to be better educated compared to others. Forty-six percent of breadwinners in the top percentile have at least a graduate...

Publications

Source of earnings

Top earners are most likely to be salaried, or owners of non-farm enterprises, suggest the survey—44% of the top percentile and 40% of the top...

Publications

Where top earners live

Urban India has been divided into four clusters: metros (population more than 5 million), boom towns (2.5- 5 million), niche cities (1-2.5 million)...

Publications

Asset ownership and investments

The proportion of top earners investing in equities and bonds, and purchasing insurance, is much higher than the all-India average. Seventy-two percent of the top...

Publications

Access to Amenities

Electricity, tap water, piped/LPG gas, and toilets are essential amenities and access to these varies according to the economic profile of the households. Nearly 90 percent of all Indian...

Articles

How India lives, thinks, earns and spends

An overwhelming majority, 87%, of people living in metros belong to the top two quintiles of India’s income pyramid but even the richest among them consider themselves ‘middle-class’, says ICE survey

Articles

Let the numbers speak

The discussion on the fall in employment after the November 8 demonetisation relies on anecdotal evidence. It is not backed by data...

Articles

Impact of GDP growth on income inequality

For every percentage point of GDP growth, there will be a spike in demand for consumer goods and services which, in turn, will boost investment, and the benefits of these will be felt across all sections of the income pyramid...