
However, the annualized growth rates for savings and credit have been calculated from available RBI data for 19. Annualized growth rates of population, employment, and literacy have been calculated from data available for 19 (Census of India). We include five measures – population, employment, literacy, savings and credit. In some districts, market growth is pushed by population growth, in others it is due to greater expenditure of the incumbent population. The data also includes the numbers of high school graduates or those having greater education in ‘000s under the same expenditure classification. Higher PCMEs tend to imply better economic profile of the individuals. This presents the number of individuals in ‘000s according to the Per Capita Monthly Expenditure (PCME) of the household that they belong to. The same set of adjustments as briefed in Part A above were also conducted for these items – these are discussed in the last part of this section – ‘Estimations’. The data are from the National Sample Survey Organization that have been updated and adjusted to account for lower reporting as well as for the year calendar year 2003-2004.

These variables have been segregated into five annual household expenditure categories.

Higher expenditures could be due to larger incomes or due to larger households. This presents the number of households in ‘000s according to the annual total expenditure of the households.

See section ‘Estimations’ below for details. Third, the estimates were adjusted for under-reporting of survey data as per multipliers derived by Surjeet S. Second, the estimates were adjusted for expected growth till 2004. First data from expenditure and employment round of NSSOs large sample surveys were combined using methodology developed by Dubey and Bhandari (2003). Briefly however three adjustments were done.
