In the financial year 2021, the average annual saving of rich households in India was over 606 thousand Indian rupees, a stark contrast to destitute category which saved only five thousand Indian rupees. The middle-class saved almost 130 thousand Indian rupees annually. During the year, a rich household spent almost 25 times that of a destitute household, eight times that of an aspirer household, and almost three times that of a middle-class household.
Average annual household saving in India during financial year 2021, by income class
(in 1,000 Indian rupees)
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Business Standard. (July 6, 2023). Average annual household saving in India during financial year 2021, by income class (in 1,000 Indian rupees) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1450072/india-household-saving-by-income-class/
Business Standard. "Average annual household saving in India during financial year 2021, by income class (in 1,000 Indian rupees)." Chart. July 6, 2023. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1450072/india-household-saving-by-income-class/
Business Standard. (2023). Average annual household saving in India during financial year 2021, by income class (in 1,000 Indian rupees). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1450072/india-household-saving-by-income-class/
Business Standard. "Average Annual Household Saving in India during Financial Year 2021, by Income Class (in 1,000 Indian Rupees)." Statista, Statista Inc., 6 Jul 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1450072/india-household-saving-by-income-class/
Business Standard, Average annual household saving in India during financial year 2021, by income class (in 1,000 Indian rupees) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1450072/india-household-saving-by-income-class/ (last visited November 13, 2024)
Average annual household saving in India during financial year 2021, by income class (in 1,000 Indian rupees) [Graph], Business Standard, July 6, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1450072/india-household-saving-by-income-class/
