4 days, 6 hours ago
Indian households cut cereal and pulses consumption by over 5% as spending patterns change
Live MintThe consumption of cereals and pulses among Indian households has declined by over 5 per cent in both urban and rural areas, according to a report by the State Bank of India. The expenditure on food items has decreased from 52.9 per cent in 2011-12 to 47.04 per cent in 2023-24, marking a decline of 5.86 per cent in rural areas. In rural areas, the share of non-food expenditure increased from 47.1 per cent in 2011-12 to 52.96 per cent in 2023-24, a 5.86 per cent increase. Urban areas also experienced growth in non-food spending, with the share rising from 57.38 per cent to 60.32 per cent, an increase of 2.94 per cent.
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