HOME
NEWS
BUSINESS
MOVIES
SPORTS
CRICKET
GET AHEAD
SHOPPING
rediff NewsApp
Rediff News
All News

NewsApp (Free)

Read news as it happens
Download NewsApp
Rediff.com  » News » Delhiites richest in the country

Delhiites richest in the country

Text size:  A   A   A
August 22, 2006 23:37 IST

Rising prices notwithstanding, the people of Delhi are among the most prosperous in the country with the average value of assets per family in the capital 2.4 times higher than the national average and the debt per family six times lower than the country's benchmark.

A report on the 'Assets and liabilities of household sector in Delhi' reveals that the average value of assets owned per family in Delhi was estimated at Rs 7.42 lakh, while the average value of assets per person worked out to Rs 1.62 lakh.

The report prepared by the Directorate of Economics and Statistics on the basis of a sample survey and released by Delhi Finance and Planning Minister A K Walia on Tuesday further said that out of the total assets, land accounted for 59 per cent and buildings 29 per cent.

About 31 per cent of the total households in Delhi were holding assets up to a value of less than Rs 50,000 whereas 37 per cent of the families were having assets between Rs 50,000 and Rs five lakh.

Delhi ranked third in the country with respect to average value of assets per households in urban area after Jammu and Kashmir and Kerala.

In case of average amount of debt, Delhi is in a comfortable position, as average amount of loans per family was only Rs 1366 as against the all India average of Rs 8694.

The average amount of debt per household was the highest in the self-employed category.

The debt assets ratio, was 0.12 in urban area of Delhi, which is the lowest in the country.

At the national level it was 2.82.

© Copyright 2013 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
It's free!

To get such articles in your inbox