scorecardresearch
Thursday, March 28, 2024
TopicConsumer spending

Topic: Consumer spending

Modi govt is changing rural India. They are spending differently from MGNREGA era

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.

SubscriberWrites: One Lifestyle, Two Incomes- Welcome to New India

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.

Here are 5 key takeaways from Household Consumption Expenditure Survey 2022-2023 highlights

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.

Subdued growth in household consumption & rural sales but companies optimistic of gradual pick-up

Data in light of Advance GDP Estimates presents mixed picture of sales of passenger vehicles, improvement in indices capturing primary, capital & intermediate goods production.

Why Indians are racking up huge credit card bills — stagnant or shrinking incomes, higher spending

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...

Clothes, cars & travel: Festive season spending surge despite inflation woes, global slowdown

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.

Signs of green shoots with 48% Indians willing to spend on renovation, travel, survey finds

'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.

‘Pragmarketism’ — new book offers insights on how to win the many kinds of desi consumers

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.

E-commerce saw 17% growth post lockdown, driven by demand in tier 3 cities, says report

Sectors such as electronics & home appliances, fashion & accessories, health & pharma and FMCG saw an average growth of 133 per cent, says the report by Unicommerce.

IIP contracts by record 55% in April due to lockdown, but Modi govt says data not comparable

The data showed manufacturing contracted by 64 per cent in April, followed by mining at 27 per cent and electricity by 26 per cent.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.