INDIAN WOMEN’S INCOME DOUBLES

INDIAN WOMEN’S INCOME DOUBLES

                                        Samidha Sharma & Namrata Singh

                                                                TNN

Mumbai: Reinforcing the growing financial independence of women in India, a survey says the income level of urban Indian women has doubled in the last decade. This increase has also led to the average urban household income doubling according to a study by market research firm IMRB.

      The urban Indian woman who earned Rs 4,492 per month in 2001 was taking home as much as Rs 9,457 as of 2010. The rise in her income is directly reflected in the average monthly household income of urban India going up from Rs 8,242 to Rs 16,509 in 2010, says the IMRB survey.

     While these figures appear impressive, they suggest urban incomes have on average gone up significantly lesser than those of the average Indian this decade. According to official data, India’s per capita income rose from Rs 16,688 in 2000-01 to Rs 54,835 in 2010-11, a 228 % rise. The IMRB figures suggest that urban incomes in the same period rose by 100 % and incomes of urban women by 111 %. The woman today is buying for herself and for her family.