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Is Jain richest community in India?

Published in Indian Communities Wealth 2 mins read

Yes, Jains have been identified as the wealthiest community in India according to national surveys.

Based on the National Family Health Survey (NFHS-4) conducted in 2018, Jains were declared the wealthiest community in India. A significant 70% of their population resides in the top wealth quintiles, which is considerably higher compared to the national average of 54.16%. This indicates a robust economic standing across a large portion of the community.

Key Insights into Jain Community's Wealth

The findings from the NFHS-4 survey highlight the strong economic prosperity within the Jain community. This prosperity is evident in the disproportionately high percentage of their population falling into the highest wealth brackets.

  • Dominant Wealth Presence: The statistic that 70% of the Jain population lives in the top wealth quintiles underscores their economic strength and entrepreneurial success.
  • Comparison to National Average: This figure stands in stark contrast to the national average, where 54.16% of the total population falls into these top wealth quintiles. The difference highlights the unique economic profile of the Jain community.

Demographic Nuances

While economically prosperous, other demographic indicators present different aspects of the community. For instance, the sex ratio in the 0-6 age group for Jains is notably low, recorded at 870 females per 1,000 males, which is the second lowest among communities. This demographic detail, while not directly related to wealth, offers a broader perspective on the community's characteristics.

Summary of Wealth Metrics

To illustrate the wealth disparity, consider the following comparison:

Metric Jain Community National Average
Population in Top Wealth Quintiles 70% 54.16%

This data point firmly establishes the Jain community's position as the wealthiest in India based on the 2018 national survey. Their concentration of wealth indicates a strong presence in business, trade, and other economically thriving sectors.