Make a report on energy
consumption of at least five families in a. Low income group b. Middle income group c. Lower middle income group d. High income group clearly state the kind and the amount of the energy used in each group. You can think of electricity,LPG,petrol,diesel,kerosene,wood and biomass.
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b. Middle Income Group
The size and consumption habits of the Indian middle class have evoked considerable interest in the media in the past two decades. Yet the definition of the middle class has been nebulous at best. I propose the use of a mixture model of class membership to identify and estimate the size of the lower, middle and upper classes in urban India, based on their distinct durables ownership patterns. Estimates using NSS data (55th Round, 1999-00) suggest that the urban middle class in India constitutes approximately 62% of urban households (which implies about 17% of all households) with mean ownership of 3 durable goods (out of 12). I also estimate the probability that each household in the sample belongs to a particular class and based on this information, back out some class-specific socioeconomic characteristics. The estimates suggest a larger urban middle class and lower class-defining income cutoffs than found (or used) in previous studies.
The size and consumption habits of the Indian middle class have evoked considerable interest in the media in the past two decades. Yet the definition of the middle class has been nebulous at best. I propose the use of a mixture model of class membership to identify and estimate the size of the lower, middle and upper classes in urban India, based on their distinct durables ownership patterns. Estimates using NSS data (55th Round, 1999-00) suggest that the urban middle class in India constitutes approximately 62% of urban households (which implies about 17% of all households) with mean ownership of 3 durable goods (out of 12). I also estimate the probability that each household in the sample belongs to a particular class and based on this information, back out some class-specific socioeconomic characteristics. The estimates suggest a larger urban middle class and lower class-defining income cutoffs than found (or used) in previous studies.
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