The 77th round of the National Survey of Debt and Investment in India

admin November 6, 2021
Updated 2021/11/06 at 3:08 PM

As part of the 77th cycle of the National Sample Survey, the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation conducted the latest survey on All India Debt and Investment Survey from January to December 2019. (NSS). The survey has previously been conducted in the NSS 26th round (1971-72), 37th round (1981-82), 48th round (1992), 59th round (2003), and 70th round (2003). (2013).

The primary goal of the Debt & Investment Survey was to gather basic quantitative information on families’ assets and liabilities as of 30.6.2018. In addition, the survey gathered data on the amount of capital expenditures made by families during the Agricultural Year 2018-19 (July-June) under several headings such as residential structures, farm business, and non-farm business.

The current survey was conducted across the whole Indian Union, with data collected from the same sample houses in two visits (Visit 1: January-August 2019 and Visit 2: September-December 2019). The survey was conducted in 5,940 villages in the rural sector, encompassing 69,455 families, and 3,995 blocks in the urban sector, representing 47,006 households.

The survey of All India Debt & Investment yielded the following indicators:

  • AVA stands for average value of assets, which is the total worth of all physical and financial assets possessed by a household as of June 30, 2018.
  • Indebtedness Incidence Index (IOI): The proportion of indebted households as of June 30, 2018.
  • Average amount of Debt (AOD): The average amount of cash dues per household as of June 30, 2018.
  • Average Household Fixed Capital Expenditure from July 1, 2018 to June 30, 2019.

According to a government survey, the top 10% of urban families in India own on average Rs 1.5 crore in assets, compared to Rs 2,000 for the poorest decile, indicating the wide disparity between the affluent and the poor in cities.

The situation is slightly better in rural areas, with the top 10% of households owning on average Rs 81.17 lakh in assets compared to Rs 41,000 for the bottom decile class, according to the National Statistical Office (NSO) of the Ministry of Statistics and Programme Implementation’s All India Debt and Investment Survey 2019.

According to the poll, impoverished households in rural regions are better off than those in urban areas, where the average asset size of households at the bottom of the pyramid is just Rs 2,000.

When it comes to rural regions, the skew was found to be largest in Delhi (where two-third of Indian population resides). The wealthiest ten percent held roughly 80.8 percent of assets, while the poorest half had only 2.1 percent to call their own.

After Delhi, the highest asset inequality was found in Punjab’s rural districts, where the wealthiest 10% held almost 65 percent of total assets, leaving only 5% for the bottom half.

When it comes to unequal asset ownership in rural areas, Haryana, Madhya Pradesh, and Uttar Pradesh are not far behind.

When it comes to major states and UTs, Jammu Kashmir has the least imbalanced asset ownership. The wealthiest ten percent of the population held 32 percent of total assets, while the poorest half-owned only 18 percent.


Source: Press Information Bureau

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