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Jammu & Kashmir Has 13th Highest Number Of Rich People In India

When it comes to settling for a comfortable life, people from Jammu and Kashmir definitely know what suits them and this is exactly what the latest edition of National Family Health Survey for 2019-21 reveals.

A significant analysis of the data reveals that despite years of lockdowns and unrest, J&K has managed to attain 25.2 percent which is the 13th largest & highest number of wealthy people across India.

25.2 percent of the population in J&K falls in the highest wealth quintiles, followed by Gujarat (27.4%) and Maharashtra (27.9%). Seventy nine percent of the population in Chandigarh falls in the top wealth quintiles making Chandigarh having the largest number of wealthy people in India, followed by Delhi (68%) and Punjab (61%).

However, the National average of India is 20 percent, where the wealthiest households are concentrated in urban areas, with 74% of the urban population in the two highest wealth quintiles, as opposed to 54 percent rural population which falls in the two lowest wealth quintiles.

As per NFHS, there are five wealth quintiles in India varying from lowest, second, middle, fourth and highest. Among the lowest quintile, NFHS noted, 10.2 percent of the population in J&K falls in this category, while 16.5 percent were recorded in the second category. “20.8 percent of the population falls in the middle quintile and 27.2 percent falls in the fourth wealth quintile. However, 25.2 percent of the population in J&K falls in the highest wealth quintile.” the report noted.

In terms of having a population with lowest quintile, J&K has only 10.2 percent of the population falling in this category which remains much better than larger states like Bihar(42.8%), Jharkhand(45.9%), Madhya Pradesh(31.5%), Chhattisgarh(29.9%), UP(23.9%), Odisha(35.1%), West Bengal(32.7%), Arunachal Pradesh(23.3%), Assam(38.1 %) and Meghalaya(31%).

Since, NFHS-4 many aspects of J&K have changed significantly, while others remain much the same in the latest round(NFHS-5) which was recently released by Union Health Minister Mansukh Mandaviya in Vadodara, Gujarat, on May 5.

 

News Desk

News Desk staff at The Kashmir Radar. Posting unbiased news as we believe in pure journalism!

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