Sanjeev Ahluwalia | The politics behind India’s rural and urban spending
9 months, 3 weeks ago

Sanjeev Ahluwalia | The politics behind India’s rural and urban spending

Deccan Chronicle  

Household consumption expenditure estimates are based on a national survey of 0.1 per cent of the 194.9 million rural and 89.5 million urban households/families. The corresponding share of expenditure on food increases from 46.4 per cent in rural areas to 47 per cent and from 39.2 per cent in urban areas to 40 per cent. Rural consumption, as a proportion of urban consumption, increased from 52 to 54 per cent -- an improved sharing of the growth dividend versus the Vajpayee government. Against an annual economic growth in current terms of 10.9 per cent 2014 to 2023, rural consumption, as a proportion of urban consumption, increased from 54 to 58 per cent -- thereby emulating the UPA strategy of ensuring income distributional benefits for rural households.

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History of this topic

Per Capita Availability Of Fruits And Vegetables Rises In India Over The Laat Decade: SBI Report
1 week, 2 days ago

Per Capita Availability Of Fruits And Vegetables Rises In India Over The Laat Decade: SBI Report

ABP News  

Per capita availability of fruits and vegetables in India has increased by 7 kg and 12 kg, respectively, over the past decade, according to an SBI Research report. The main contributors to this rise in per capita production are Madhya Pradesh, Uttar Pradesh, Punjab, and Jammu & Kashmir. The report states that India now produces 227 kg of fruits and …

'Double engine' of private investment, mass consumption derailed under Modi government: Congress
1 month, 1 week ago

'Double engine' of private investment, mass consumption derailed under Modi government: Congress

New Indian Express  

Congress general secretary in-charge communications Jairam Ramesh urged the government to accept what the Congress has been proposing - raising MGNREGA wages to a minimum of Rs.400 per day, guaranteeing MSP and a loan waiver for farmers, and a monthly income support scheme for women - to kickstart income growth in rural India. Last week, several CEOs from India Inc …

India's Q1 GDP: Private consumption lifts mood
3 months, 3 weeks ago

India's Q1 GDP: Private consumption lifts mood

New Indian Express  

NEW DELHI: The GDP growth slumped to a 15-month low with 6.8% real rate of growth in the first quarter of 2024-25. As per Gaura Sen Gupta, economist, India First Bank, the growth is likely led by rural demand with improvement in labour market conditions. High frequency indicators for urban demand like FMCG sales volume and passenger vehicle sales growth …

Rural-Urban Consumption Dynamics in India
6 months, 1 week ago

Rural-Urban Consumption Dynamics in India

Deccan Chronicle  

Over the past decade, India has witnessed a notable rise in consumption spending in both rural and urban areas, indicating a shift in economic dynamics and lifestyle choices. Furthermore, the changing food habits of the Indian populace have contributed to the evolving consumption patterns observed in both rural and urban areas. In conclusion, the equivalent rise in consumption spending in …

Kerala leads in non-vegetarian and fruit expenditure, urban ST households most affluent
6 months, 1 week ago

Kerala leads in non-vegetarian and fruit expenditure, urban ST households most affluent

New Indian Express  

THIRUVANANTHAPURAM: Keralites had the maximum spending on non-vegetarian food and fruits in the country, showed the "Survey on Household Consumption Expenditure: 2022-23" released by the centre recently. This category's share was 23.5 per cent in the state's rural areas and 19.8 per cent in urban areas. Households of Assam had the second highest share in this category for rural areas, …

India logs fall in inequality between 2011-12 and 2022-23, says govt report
6 months, 2 weeks ago

India logs fall in inequality between 2011-12 and 2022-23, says govt report

Hindustan Times  

Inequality in both rural and urban areas of India fell between 2011-12 and 2022-23, according to a full report on Household Consumption Expenditure released on Friday by the National Sample Survey Office. The full report released Friday shows a fall in the Gini coefficient, a commonly used measure of inequality, for both rural and urban spending between 2011-12 and 2022-23 …

Big numbers, small impact? Understanding the effect of the Centre’s $400 billion welfare spend on monthly consumption
6 months, 4 weeks ago

Big numbers, small impact? Understanding the effect of the Centre’s $400 billion welfare spend on monthly consumption

Hindustan Times  

$400 billion — this is how much Prime Minister Narendra Modi has said his government spent for the welfare of hundreds of millions of poor and lower middle-class Indians since coming to power in 2014. Since 2014, Modi’s government has put in motion what former chief economic advisor Arvind Subramanian has called “New Welfarism”, where the Indian state prioritised providing …

What tells us more about prosperity: Consumption or GDP per head?
9 months ago

What tells us more about prosperity: Consumption or GDP per head?

Live Mint  

Maharashtra and Rajasthan are among India’s large states in terms of population. However, as per recently released data on household consumption expenditure for 2022-23, nominal as well as real spending per person in rural Rajasthan was higher than in rural Maharashtra. If the share of labour income in gross value added is relatively low and falling, then per capita output …

Consumption trends and monetary policy
9 months, 2 weeks ago

Consumption trends and monetary policy

Hindustan Times  

Consumption is the mainstay of India’s aggregate demand, constituting around 60% of its Gross Domestic Product. Average monthly per capita consumption expenditure was ₹3,773 in rural India and ₹6,459 in urban India in 2022-23 as against ₹1,431 in rural India and ₹2,629 in urban India in 2011-12. At a broad category level, non-food expenditure has grown at a much higher …

Patralekha Chatterjee | Acute poverty falls in India, but not extreme inequality
9 months, 3 weeks ago

Patralekha Chatterjee | Acute poverty falls in India, but not extreme inequality

Deccan Chronicle  

Everyone loves a survey, especially in a paradox-ridden country. The “good news” emanating from the Household Consumption Expenditure Survey, conducted during August 2022 to July 2023, and flagged by government spokespersons, is about a dramatic reduction in poverty, about per capita monthly household spending more than doubling in 2022-23 compared to 2011-12, about Indians who are eating better and have …

Behind the rise in rural consumption spending
9 months, 3 weeks ago

Behind the rise in rural consumption spending

Hindustan Times  

The significant gains in Monthly Per Capita Expenditure in the 2022-23 Household Consumption Expenditure Survey conducted by the National Statistical Office, compared to the level reported in 2011-12, have made headlines. Animal resources and more intensive vegetable and horticulture cultivation in rain-fed areas on account of land development and water conservation in convergence with the Mahatma Gandhi National Rural Employment …

Consumption survey report inspired by polls: Congress
9 months, 3 weeks ago

Consumption survey report inspired by polls: Congress

The Hindu  

The Congress on Tuesday described the Household Consumption Expenditure report of the National Sample Survey Office as “election-inspired survey” and questioned the different estimates of poverty given by different agencies in the past one year. Congress chief Mallikarjun Kharge, in a post on X, accused the Modi government of coming out with “an election inspired survey after asleep at the …

SBI Research backs NSSO report, credits Modi govt for decline in India's consumption inequality
9 months, 3 weeks ago

SBI Research backs NSSO report, credits Modi govt for decline in India's consumption inequality

Op India  

On Tuesday, a research report published by the State Bank of India corroborated the findings of the Household Consumption Expenditure Survey, which was conducted by the National Sample Survey Office. Decadal changes in MPCE show decline in consumption inequality, graphic via SBI Research “Rural Poverty has thus staged a significant 440-basis point decline since 2018-19 and Urban Poverty a 170-basis …

Poverty levels below 5%, claims NITI Aayog chief
9 months, 4 weeks ago

Poverty levels below 5%, claims NITI Aayog chief

The Hindu  

Less than 5% of Indians are now expected to be below the poverty line, and extreme destitution has almost gone away, a top government official asserted on February 25, citing the findings of the Household Consumption Expenditure Survey for 2022-23. Subrahmanyam, the chief executive officer of the Centre’s think tank Niti Aayog, averred that growth is “broad-based” with rural Indians’ …

After a 11-year gap, Centre discloses key consumption expenditure survey data
9 months, 4 weeks ago

After a 11-year gap, Centre discloses key consumption expenditure survey data

The Hindu  

February 24, 2024 11:54 pm | Updated February 25, 2024 06:40 am IST - NEW DELHI For the first time in about 11 years, the government on February 24 released the broad findings of the All India Household Consumption Expenditure Survey carried out between August 2022 and July 2023. The Household Consumption Expenditure Survey is usually conducted by the National …

Positive GDP Surprise: Growth in Private Consumption Remains Critical
11 months, 2 weeks ago

Positive GDP Surprise: Growth in Private Consumption Remains Critical

News 18  

The government’s first advance estimate of the Gross Domestic Product for the current fiscal, which will end in March, has been a positive surprise for most economists. Rajani Sinha, the Chief Economist of CARE Ratings, said MOSPI’s projection of the GDP “seems to be relatively optimistic, surpassing the RBI’s estimate of 7% and our own projection of 6.8 per cent”. …

We must look beyond India’s exciting headline GDP numbers
1 year ago

We must look beyond India’s exciting headline GDP numbers

Live Mint  

The Indian economy’s stellar performance in the second quarter of fiscal 2023-24 put all previous GDP estimates, including the Reserve Bank of India’s own estimate of 6.5%, in the shade. Geopolitical factors, the strength of the US economy and hence the US Federal Reserve’s continued fight against inflation, and the ongoing global slowdown are sure to lower growth in the …

India’s triumphs over poverty marred by an alarming hunger crisis as over 70 per cent of Indians fails to afford healthy food
1 year, 5 months ago

India’s triumphs over poverty marred by an alarming hunger crisis as over 70 per cent of Indians fails to afford healthy food

The Hindu  

Published : Jul 21, 2023 12:38 IST - 3 MINS READ Government think-tank NITI Aayog’s recent report, released on July 17, revealed a remarkable achievement in India’s fight against multidimensional poverty. However, despite these positive strides in economic development, a consortium of esteemed organisations including the Food and Agriculture Organization of the United Nations, the International Fund for Agricultural Development, …

Shelved 2017-18 consumption spending survey showed inequality widening in Maharashtra
1 year, 5 months ago

Shelved 2017-18 consumption spending survey showed inequality widening in Maharashtra

The Hindu  

For urban households in Maharashtra, food costs crossed 40% of monthly spends in 2017-18, for the first time in 18 years, while the food bill for their rural counterparts shot up to almost 49% of total spending, with that figure crossing 60% for the poorest 5% of households., data from the National Statistical Office’s 2017-18 Household Consumption Expenditure Survey or …

PMGKAY Scheme: Will Free Ration for India’s Poor Fill Their Plates Enough?
2 years, 2 months ago

PMGKAY Scheme: Will Free Ration for India’s Poor Fill Their Plates Enough?

The Quint  

In reality, India’s poor have very little access to proteins and fats, and get most of their calories from cereals and tubers. If it were a family of five with varying calorie needs, one could assume that they would need at least three kilos of rice per day, or about 90 kilos per month. Add basic things like potatoes, onions, …

A poverty trend in search of an explanation
2 years, 6 months ago

A poverty trend in search of an explanation

The Hindu  

A noticeable absence in the blitzkrieg of information on the economy periodically unleashed by the Union government over the past few years has been estimates of poverty. While the level of poverty estimated by these two studies varies considerably, with the one by Roy and van der Weide showing twice the poverty level estimated by Bhalla et al., they share …

87% Indian households affected by soaring vegetable prices: Survey
2 years, 8 months ago

87% Indian households affected by soaring vegetable prices: Survey

India Today  

About nine out of every 10 households in India are “feeling the pinch” of rising prices of vegetables in the last 30 days, according to a survey. LocalCircles, which conducted the survey, said it received 11,800 responses from citizens residing in 311 districts across India and claimed that around 87 per cent of Indian households have been "affected" by the …

Private consumption expenditure and demand: Please ma’am, we need some more
2 years, 10 months ago

Private consumption expenditure and demand: Please ma’am, we need some more

Live Mint  

Slowdown in personal consumption is the single biggest problem facing our economy. The double whammy of lower employment and Covid-19 has meant a significant reduction in consumption for low and lower-middle income households. This has meant a delayed recovery on many key sources of consumption – automotive, high value durables, OOH and discretionary spends like retail, restaurants and personal care. …

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