The remarkable insights into the changing pattern of household consumption thrown up by the latest Household Consumption Expenditure Survey (HCES) 2023-24 are of special relevance for a wide range of policy decisions. Take, for instance, an issue that seemed to have become a bone of contention between the government and the Reserve Bank of India (RBI): the role and relevance of food inflation in computing consumer-price inflation and hence in formulating monetary policy.
Esta historia es de la edición January 08, 2025 de Mint New Delhi.
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Esta historia es de la edición January 08, 2025 de Mint New Delhi.
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