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Monthly Per Capita Consumption Expenditure

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Coaching Classes Makes Rs 300 Billion A Year!

The 2023-2024 figures showed that the size of the industry could be Rs 30,652 crore, assuming no tax evasion. Kindly note the image has been posted only for representational purposes. Photograph:......

'No basis in the claim that poverty is down to 5%'

'Without a poverty line, how are we to know whether poverty is the same, or it has come down or it has gone up?' IMAGE: A homeless girl asks for alms outside a coffee shop in Mumbai. Photograph:......

'Food Security Bill to cover about 3-times the number of poor'

The food security programme is not restricted to the poor and the population covered by it is about three times the number of people below the poverty line, Parliament was told on Thursday. "The......

'AAP ahead of Congress, Akali Dal'

'The distrust of traditional political parties in Punjab is an advantage for AAP.' IMAGE: Aam Aadmi Party's Punjab chief ministerial candidate Bhagwant Mann at a roadshow in Mohali, February 6,......

Why we must support the Food Security Bill

Only three percent of Indians pay income tax; our tax-GDP ratio is among the lowest in the world. This must change. Our elites must realise that India’s poverty has damaging consequences for......

View Consumption Survey Numbers With Caution

Could the MPCE survey results be used as a basis of reconstructing the Consumer Price Index with new weights, asks Madan Sabnavis. Photograph: Francis Mascarenhas/Reuters The Survey on household......

Rents Hit Two Decade High!!

The share of rent in consumption expenditure has risen to 6.58%, according to the Household Consumption Expenditure Survey 2023-2024.This is the highest it has been in surveys going back to the......

The Lamborghini theory of India's consumption patterns

Lamborghini has sold 10,112 cars worldwide -- so India's 100 is certainly a big deal for them. But how big a deal is it for us to peg our consumption theories around, asks Rama Bijapurkar.......

India rejects IMF view that US tariffs will stay indefinitely, hit growth

IMF’s Article 4 consultation report on India The Indian government has expressed its disagreement with the IMF staff’s ‘baseline’ assumption that the 50 per cent US tariffs on its goods......

Falling poverty claims in SBI report spark concerns about methodology

'Before jumping to a conclusion that India has been able to end poverty, we should interrogate the labour markets.' IMAGE: A scavenger, surrounded by a flock of Greater Adjutant birds, collects......

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