The primary objective of development policies in an economy is to achieve growth targets with ‘Social Justice’. Economic development of an economy means higher per capita real income, accompanied by an increase both in production and productivity, reduction in inequalities of income, asset distribution and removal of unemployment. The optimum utilization of human and physical resources in productive directions will lead to the reduction of unemployment and will boost the income of the society. The existence of socio-economic inequalities in underdeveloped economies is abysmal. These inequalities are mainly due to low rate of development which is influenced by economic as well as by non-economic factors. The economic inequalities can be attributed to the low rate of gain of development. The present study relating to the distribution of household rural assets and resultant pattern on employment and Income at a micro level has been taken up for detailed empirical investigation with a view to analyze the distribution pattern of rural productive and household durable assets among the sample households, to study the relationship between the distribution of rural productive assets.