Breaking News: Kapda, Roti, Makaan! Fashion Expert Explains Rise In Consumer Spending More On Clothing Than On Food
New Delhi: The Per capita Monthly Household Consumption Expenditure more than doubled during 2011-12 to 2022-23, according to a report released on Saturday by the Ministry of Statistics and Programme Implementation. The report found that Indians are spending more on consumer items like clothes vis-a-vis their expenditure on food.
"The National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation has conducted Household Consumption Expenditure Survey (HCES) during August 2022 to July 2023. This surveyon household consumption expenditure aims at generating estimates ofhousehold Monthly Per Capita Consumption Expenditure (MPCE) and its distribution separately for the rural and urban sectors of the country, for States and Union Territories, and for diffe...
