Household expenditure refers to the total amount spent by a family on goods and services. It includes essentials like food, housing, and clothing. This expenditure impacts overall economic health. It reflects consumer behaviour and influences market trends. Understanding household expenditure is crucial for policymakers. It helps in budget planning and economic forecasting. This data can also reveal cultural spending patterns within communities.
India’s latest Household Consumption Expenditure Survey (HCES) has surfaced a deeply unsettling contradiction. At a time when the state is expanding publicly funded healthcare and social protection, tobacco...
Poverty in India has seen changes over the decades. The poverty rate has decreased remarkably since the late 20th century. The latest reports suggest that the current poverty...
