There’s not much difference between the spending patterns of the urban and rural poor but the city-village divide becomes much wider amongst the rich in each class. These are some of the key findings of the National Sample Survey Organisation’s (NSSO) 66th round of survey on household consumption expenditure. The survey, which was carried out between July, 2009 and June, 2010 has revealed that the poorest 10 per cent of India’s...
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Rural India spending more on FMCG and services: NSSO
-The Economic Times Rural Indian households are spending more on consumer goods like durables, beverages and services than five years ago, shows the latest expenditure data that debunks the notion that rapid growth in recent years did not benefit the hinterlands. The household consumer expenditure survey for 2009-10, released by the National Sample Survey Office ( NSSO )) on Friday, shows rising real spending in rural areas, even though it...
More »Consumption expenditure still tilted towards food
-The Business Standard Indian economy has been on a sustained growth path, but Indians are still spending a major chunk of their expenditure on food items. Per capita consumption expenditure in a month was 88 per cent more in case of urban India compared to rural India during 2009-10, a trend which was more or less five years ago, according to the latest figures on consumption expenditure. Per capita expenditure on consumption for...
More »Power centre or toothless body? by Akshat Kaushal
Why is the ruling party unable to pass 3 very important bills? The National Advisory Council draws its exalted status from the fact that UPA Chairperson Sonia Gandhi heads it. But its inability to get its way on three new Bills indicates that its influence is waning. A couple of weeks ago, the Sonia Gandhi-led National Advisory Council (NAC) cleared the drafts of two significant Bills — the Food Security Bill and...
More »Missing demographic dividend? by Arup Mitra
The results of the NSS 66th round survey (2009-10) on employment and unemployment show a striking decline in the female labour force and the workforce participation rates as per all the three criteria (the usual, weekly and daily status) in rural and Urban areas as compared to 2004-05. Even among urban males, there is a decline in the rates as per the usual and weekly status, though the daily status...
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