Author: Jasdeep Singh Toor1, Naresh Kumar2* and Gian Singh3
Author Address: 1Assistant Professor, 2Ph.D. Scholar, and 3Former Professor, Department of Economics, Punjabi University, Patiala-147002
Keywords: Income, inequalities, rural households.
JEL Codes: D31, D63, Q12, Q19.
The study aimed to examine the inequality in income among various categories of households of rural Punjab. An attempt was made to compare and contrast the relative shares of the different components of income items in the total income of the households across the different rural household categories, along with examining the inequalities in the distribution of income prevailing therein. The analysis showed that an average rural household earns around one and a half lakh rupees annually in rural Punjab. There were considerable variations in the income levels earned among the different rural household categories. The farm business income is the most important component of household income for the farmer households, followed by livestock, pension and salary from private jobs. There were considerable differences in the range of average per capita and the average household incomes of the various rural categories. The per capita income earned by large farm households was 10.79 of times the per capita income earned by agricultural labour households.
Indian Journal of Economics and Development
Volume 16 No. 1, 2020, 111-117
Indexed in Clarivate Analytics (ESCI) of WoS
NAAS Score: 4.82
UGC Approved: UGC Care List Group II
Jasdeep Singh Toor1, Naresh Kumar2* and Gian Singh3
1Assistant Professor, 2Ph.D. Scholar, and 3Former Professor, Department of Economics, Punjabi University, Patiala-147002
*Corresponding author’ email: email@example.com