Glossary

"As per the Census, A 'household' is a group of persons who normally live together and take their meals from a common kitchen unless the exigencies of work prevent any of them from doing so. Persons in a household may be related or unrelated or a mix of both. However, if a group of unrelated persons live in a census house but do not take their meals from the common kitchen, then they are not constituent of a common household. Each such person was to be treated as a separate household. There may be one member households, two member households or multi-member households. A household with at least one Scheduled Caste member is treated as Scheduled Caste Household. Similarly, a household having at least one Scheduled Tribe member is treated as a Scheduled Tribe household."
"As per the Census, The head of household is a person who is recognised as such by the household. She or he is generally the person who bears the chief responsibility for managing the affairs of the household and takes decision on behalf of the household. The head of household need not necessarily be the oldest male member or an earning member, but may be a female or a younger member of either sex. In case of an absentee de jure ‘Head’ who is not eligible to be enumerated in the household, the person on whom the responsibility of managing the affairs of household rests was to be regarded as the head irrespective whether the person is male or female."
Nominal GDP is the market value (money-value) of all final goods and services produced in a geographical region. The estimates at the prevailing prices of the current year are termed as Nominal GDP.
Real GDP is a macroeconomic measure of the value of output economy, adjusted for price changes. The estimates at the base year(base year=2004-05) prices is termed as real GDP
The ratio of nominal GDP (GDP at current prices) to real GDP (GDP at constant prices) is termed as GDP deflator.
CWE or the chief wage earner is the person who contributes the most to the household expenses.
SEC or Socio Economic Classification is the division of a total potential market into smaller groups based on Education & Occupation of the Chief Wage Earner (CWE) of the Household. This is a common classification that is used by marketers to describe the Indian population. The SEC classification, created in 1988, was ratified by Market Research Society of India (MRSI). It is used by most media researchers and brand managers to understand the Indian consuming class.
SEC A, the most affluent households includes those whose Chief Wage Earner is a businessman or professional or a executive/manager and where the highest educational qualification of adult household members is graduate/post-graduate level.
SEC B, the households in the second rung of affluence, includes those whose Chief Wage Earner is a school educated business man or graduate/post graduate skilled worker and where the highest educational qualification of chief wage earner is graduate/post graduate level.
SEC C, the households in the middle rung of affluence, whose Chief Wage Earner is a skilled worker and where the highest educational qualification of adult household members is school educated but not graduate
SEC D & E, these households represent low income levels, whose chief wage earner is a skilled worker, and where the highest educational qualification of adult household members is primary level schooling or the chief wage earner is an unskilled worker. Indicus clubs SEC D&E because these segments are largely similar in terms of education qualification and occupation.
"As per the Census, Work is defined as participation in any economically productive activity with or without compensation, wages or profit. Such participation may be physical and/or mental in nature. Work involves not only actual work but also includes effective supervision and direction of work. It even includes part time help or unpaid work on farm, family enterprise or in any other economic activity. All persons engaged in 'work' as defined above are workers. Persons who are engaged in cultivation or milk production even solely for domestic consumption are also treated as workers."
"Disposable personal income = Personal income - (direct taxes paid by individual + other compulsory payments to the government) It is a measure of amount of the money in the hands of the individuals and available for their consumption or savings. Disposable personal income is calculated on a yearly basis."
"Savings = Current income - current expenditure, across variouse sectors of the economy. It is the balancing item on the income and outlay accounts of the producing enterprises, households, government administration and other final consumers. Savings are calculated on a yearly basis."
The household consumption expenditure referred to as private final consumption expenditure (PFCE) in National Accounts Statistics (NAS), consists of expenditure by households (including non-profit institutions) on non-durable consumer goods and services and all durable goods except land and buildings.
"The definition of urban area as adopted by the Census of India is as follows: (a) All statutory places with a municipality, corporation, cantonment board or notified town area committee, etc. (b) A place satisfying the following three criteria simultaneously: i) a minimum population of 5000; ii) at least 75 per cent of male working population engaged in non-agricultural pursuits; & iii) a density of population of at least 400 per sq. km. (1,000 per sq. mile)."
All areas not identified as urban as refered to as rural areas/villages.
A district is an administrative division of an Indian state or territory.
"The Definition of town as per Census of India 2011 is defined below; 1. All places with a municipality, corporation, cantonment board or notified town area committee, etc. 2. All other places which satisfied the following criteria: i) A minimum population of 5000; ii) At least 75 per cent of the male main working population engaged in non-agricultural pursuits; & iii) A density of population of at least 400 persons per sq. km. The first category of urban units is known as Statutory Towns. These towns are notified under law by the concerned State/UT Government and have local bodies like municipal corporations, municipalities, municipal committees, etc., irrespective of their demographic characteristics as reckoned on 31st December 2009. Examples: Vadodara (M Corp.), Shimla (M Corp.) etc. The second category of Towns (as in item 2 above) is known as Census Town. These were identified on the basis of Census 2001 data."