-PTI Government's statement comes after a report has claimed the survey results were put on hold owing to its "adverse" findings. The Statistics and Programme Implementation Ministry (MOSPI) on Friday said it has decided not to release the Consumer Expenditure Survey results of 2017-18 due to data quality issues. The MOSPI also mentioned that an expert panel has recommended that 2017-18 would not be an appropriate fiscal to be used as a base...
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Govt scraps NSO's Consumer Expenditure survey over 'data quality' -Somesh Jha
-Business Standard The findings of the report, published by Business Standard on Friday, showed consumer spending falling for the first time in over four decades in 2017-18 The government has decided to scrap the National Statistical Office’s (NSO’s) Consumer Expenditure survey conducted in 2017-18 over “data quality”. “In view of the data quality issues, the Ministry (of Statistics and Programme Implementation) has decided not to release the Consumer Expenditure survey results of 2017-2018....
More »Consumption expenditure survey: Government to scrap report over bad data -Roshan Kishore
-Hindustan Times On Friday, Business Standard released leaked findings from the 2017-18 CES which showed that inflation-adjusted average monthly per capita expenditure (MPCE) declined by 3.7% in the country between 2011-12 and 2017-18, a first in four decades. The ministry of statistics and programme implementation (MOSPI) has decided “not to release the Consumer Expenditure Survey (CES) results of 2017-2018” in view of “data quality issues”, it said in a statement. On Friday,...
More »Consumer spending falls for first time since 1973 due to low rural demand: NSO data
-India Today The NSO report claims the consumer spending in villages for FY18 dipped by 8.8, whereas, it rose by 2% in cities over six years Consumer spending dropped for the first time since 1973 on weak rural demand, according to National Statistical Office (NSO). Latest consumption expenditure survey, titled 'Key Indicators: Household Consumer Expenditure in India', reveals that the average sum of money a person spends in a month dropped by 3.7%...
More »What can be done to address the demand drought in our economy? -Suresh Seshadri
-The Indian Express Why tax sops are not enough? What can policy makers do? The story so far: A worryingly persistent slowdown dragged economic growth in India down to 5% in the fiscal first quarter, its weakest pace in more than six years. And while the recent weeks have seen the possible reasons for the slowdown, as well as the government’s policy measures to ostensibly help revive the economy being put under...
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