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 turn of the millennium.
Could the MPCE survey results be used as a basis of reconstructing the Consumer Price Index with new weights, asks Madan Sabnavis.
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.
The Raghuram Rajan committee report for evolving a composite development index of states, submitted to the finance ministry today, has a note of dissent from member Shaibal Gupta.
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The number of poor in the country declined to 27 crore (270 million) in 2011-12, from 40.74 crore in 2004-05, Minister of State for Planning and Parliamentary Affairs Rajeev Shukla said on Wednesday.
The findings of the report showed consumer spending falling for the first time in over four decades in 2017-18. The government has, however, termed it a "draft" report, reports Somesh Jha.
The National Sample Survey Organisation has found wide disparities in the monthly consumption pattern of rural and urban households during 2007-08, with the former spending just half of what their urban counterparts did.
Experts said a dip in consumption expenditure indicated an increasing prevalence of poverty in the country.
While there is no denying that certain sections of the community deserve aid, the politics of reservation can be suicidal for India.
'One one hand, the BJP puts Uniform Civil Code as a goal in its manifesto, and on the other, it pushes massive discrimination against Hindus.' 'This is not sabka saath, sabka vikas. Rather it is "Haj ka saath, church ka vikas",' argues Sankrant Sanu.
Indian govt must find solution to ever increasing LPG subsidy. Govt must cap LPG subsidy.
During the UPA government's second term in office, rural India's consumption expenditure grew at a faster pace than urban India's - for the first time since 1991.
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