Articles for Consumption Spending

India Economic Outlook: Deloitte Predicts Strong Growth at 7%-7.2% for FY25
4 months, 2 weeks ago

India Economic Outlook: Deloitte Predicts Strong Growth at 7%-7.2% for FY25

The Hindu  

Deloitte’s India Economic Outlook for August 2024 predicts strong economic growth between 7.0% and 7.2% in FY25, driven by robust economic fundamentals, surpassing the Economic Survey’s prediction, but aligning with the Reserve Bank of India’s outlook. Government initiatives in the Union Budget 2024-25 were expected to boost agriculture productivity, create jobs, and improve MSMEs’ access to finance, thereby enhancing consumer …

India Growth Rural States Consumer Spending Consumption Spending Fy25 Deloitte
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 …

Food India Rural Economic Areas This Trend Consumption Spending
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 …

India Rural Areas Urban Areas Consumption Fall Survey Spending
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 …

Food India Growth Rural Urban Income Rural Areas