08-03-2010, 01:33 AM
New Delhi: India now has households with high income outnumbering those in the low category for the first time at the end of 2009-10. As per estimates done by the National Council of Applied Economic Research (NCAER), India has 46.7 million high income households as compared to 41 million in the low income category. http://www.siliconindia.com/shownews/Ind...Subscriber
The NCAER also added that while this trend continued, the income of the middle class also grew.
The NCAER also added that while this trend continued, the income of the middle class also grew.