A new working paper titled "Changes in India's Food Consumption and Policy Implications: A Comprehensive Analysis of Household Consumption Expenditure Survey 2022-23 and 2011-12", published by the Economic Advisory Council to the Prime Minister, has highlighted some interesting aspects of the trends in India's food consumption. A simple comparison of the data from the Household Consumption Expenditure Surveys (HCES) of 2011-12 and 2022-23 reveals that there has been a significant increase in households' average monthly per capita expenditure (MPCE) in rural and urban areas across all states and Union Territories in the country. In fact, rural households registered a higher growth rate at 164 per cent relative to urban households, whose MPCE rose 146 per cent. Besides, the urban-rural gap in average MPCE has declined by 13 percentage points. In this context, the paper does well to document changes in food-consumption patterns, which constitute a large part of the household expenditure in a developing country like India.
Esta historia es de la edición September 12, 2024 de Business Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición September 12, 2024 de Business Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
NTPC's prospects appear robust, barring seasonal impact in August
THE COMPASS Power generation decelerated 4.7 per cent year-on-year (Y-o-Y) to 155 billion units (BU) in August 2024.
'Tactically cautious about Indian market'
The US Federal Reserve (US Fed) surprised the global financial markets with a higher-than-expected rate cut of 50 basis points (bps) on Wednesday. CHRISTOPHER WOOD, global head of equity strategy at Jefferies, spoke with Puneet Wadhwa in New Delhi to share his interpretation of the Fed's move, its implications for global markets, and his stand on Indian equities. Edited excerpts:
S&P 500 hits all-time high
US stock indices sailed higher in the wake of their global counterparts and the dollar wobbled on Thursday after the Federal Reserve started a long-awaited interest rate cutting cycle with a chunky half-point move.
Fed rate cut may spur tweaks in portfolios
US not near recession but showing slowdown signs: Analysts
Will restore J&K statehood, Article 370 now history: PM
Asking people to cast their votes wisely in the ongoing Assembly polls that are \"linked to the future of Jammu and Kashmir\", Prime Minister Narendra Modi on Thursday said the voters should ensure the sunset of the politics practised by the Congress, NC and PDP, which have \"inflicted wounds\" in the region for years together.
₹2.1K a month for women, govt job for Agniveers
Eyeing a third consecutive term in Haryana, the BJP on Thursday released its manifesto for the assembly polls, promising a 2,100 monthly assistance for women, two lakh government jobs, scooter for college-going female students in rural areas and a guaranteed government job for 'Agniveers'.
Govt drops pvt participation in grain buying for PM-AASHAA
Agriculture minister to meet farmers' groups every Tuesday
IT stocks suffer biggest one-day fall in six weeks
Accenture promotion delay, past Fed rate cuts cited
Cabinet clears 'One Nation, One Poll' and host of proposals in farm to space
Soon after completing 100 days in office, the National Democratic Alliance (NDA) government has taken a series of decisions that would have political and economic implications for the country.
Tata Power to scale up internal RE component supply chain
Plans to manufacture key parts rather than buying them