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Wednesday 15th of January 2025 03:30:53 AM |
IN
INDIA'S HOUSEHOLD CONSUMPTION SURVEY 2023-24 FINDINGS
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The 2023-24 survey reports an average Monthly Per Capita Consumption Expenditure (MPCE) of ₹4,122 in rural areas and ₹6,996 in urban areas. Non-food items constitute 53% of rural and 60% of urban expenditures. The urban-rural spending gap has narrowed to 70%, indicating converging consumption patterns.
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INDIA'S HOUSEHOLD CONSUMPTION SURVEY 2023-24 FINDINGS
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