Inidan Women get fewer chances to buy properties

There are wide disparities in the property  ownership by men and women in the Karnataka state. Not only did women own fewer assets, but also of lesser value and of poorer quality.
The Karnataka Household Asset Survey 2011,  conducted by the Indian Institute of Management, Bangalore reveals that women have far fewer opportunities for asset accumulation as compared to men

Although there are laws that allow daughters to inherit equally as sons, inheritance patterns continue to be biased in favour of men. The survey studied the patterns of asset ownership by men and women and to what extent they have rights over their assets.

The study found that individual ownership by men was the dominant form of ownership for key productive assets such as residence, agricultural land and other real estate, and for non-farm businesses and most financial assets.
The chief mode of acquisition of residence and agricultural land for men was through inheritance from their natal families, while for women it was through marriage.
In rural areas, about 70% of all plots were owned individually by men, while about 15% per cent were owned by women individually.
In urban areas about  60% of non-farm business activities were owned individually by men and 22% of the same were individually owned by women.

Under different asset class, nearly 47% t men in rural areas owned residences, while this held true for about 17% of  women there.

The gap was lowest in Bangalore with 16% and 10% home ownership rate for men and women, respectively.
Generally, in India more and more assets buying in the name of men.
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1 comment:

  1. "Inidan Women get fewer chances to buy properties"
    is a good article.
    I've shared this article at
    https://www.facebook.com/groups/212805698751763/

    ReplyDelete

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