If India wants 8% growth, private investment will have to substantially pick up, Ranade explains. But that can happen only if demand improves, which is contingent on wages increasing.
The highlight of Household Consumption Expenditure Survey 2022-23 is that the share of rural households' expenditure on cereals has fallen below 10% for the first time.
Ministry of Statistics and Programme Implementation’s Household Consumption Expenditure Survey 2022-23 puts the average MPCE in rural India has been Rs. 3,773 and in urban India has been Rs. 6,459.
Other key findings include spending on food falls in expenditure of rural households in 11 years. Report made after survey of 2.76 lakh-plus households across country.
Data in light of Advance GDP Estimates presents mixed picture of sales of passenger vehicles, improvement in indices capturing primary, capital & intermediate goods production.
New Delhi: A combination of stagnant or decreasing incomes, rising expenditure, a profusion of credit cards and ‘Buy Now-Pay Later’ (BNPL) offers has resulted...
Early data indicate sales would include nearly $15.2 billion offline sales & $11.8 billion online sales on platforms like Amazon, based on Redseer, a market consultancy.
'Mood of the Consumer' survey by LocalCircles finds 10% consumers are planning to spend over Rs 50,000 while 21% will spend between Rs 10,000-50,000 on discretionary purchases.
Trupti & Arvind Bhandari's book, published by HarperCollins India, is due to be released on 22 September on SoftCover, ThePrint’s e-venue to launch select non-fiction books.
In a country where unemployment is at a historic high, the national anxiety isn’t about jobs — it’s about reach. Aspirations have shifted from employment to engagement, from careers to content.
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