According to the most recent Household Consumer Expenditure Survey reality sheet launched on February 24, India’s per capita month-to-month consumption expenditure in 2022-23 (August-July) was 33-40 p.c larger in comparison with 2011-12 (July-June).
In 2022-23, the typical per capita Monthly Household Consumption Expenditure (MPCE) stood at Rs 3,773 in rural India and Rs 6,459 in city areas. The disparity between rural and concrete bills decreased to 71.2% from 83.9% in 2011-12, 88.2% in 2009-10, and 90.8% in 2004-05.
The National Sample Survey Office (NSSO), Ministry of Statistics and Programme Implementation has performed a Household Consumption Expenditure Survey (HCES) throughout August 2022 to July 2023.
According to a factsheet on the Ministry of Statistics web site, the typical MPCE in rural areas surged over sixfold in 18 years, surpassing the expansion charge in city areas.
In 2004-05, rural expenditure stood at Rs 579, whereas city expenditure was Rs 1,105, reflecting a development of 552% in rural areas and 484% in city areas.
As per the examine, the typical MPCE at 2011-12 costs (with out imputation) additionally elevated to Rs 3,510 in 2022-23 from Rs 2,630 in 2011-12 in city areas.
Similarly, it rose to Rs 2,008 from Rs 1,430 in rural areas at 2011-12 costs.
It confirmed that the typical MPCE additionally elevated (with imputation) to Rs 6,521 in 2022-23 from Rs 2,630 in 2011-12 at present costs in city areas.
Similarly, it rose to Rs 3,860 from Rs 1,430 in rural areas.
The common MPCE at 2011-12 costs (with imputation) elevated to Rs 3,544 in 2022-23 from Rs 2,630 in 2011-12 in city areas.
It elevated to Rs 2,054 from Rs 1,430 in rural areas.
On February 24, the ministry introduced in a press release that the “comprehensive report of the survey will be published later.” Currently, solely a ‘fact sheet’ summarising the findings has been made accessible.
This survey on family consumption expenditure was aimed toward producing estimates of family MPCE and its distribution individually for the agricultural and concrete sectors of the nation, for states and union territories, and for various socio-financial teams.
The estimates of MPCE are primarily based on the information collected from 2,61,746 households (1,55,014 in rural areas and 1,06,732 in city areas) within the central pattern unfold over all states and union territories within the nation.
In HCES: 2022-23, the same old observe of imputation of the worth figures for consumption out of (i) residence-grown/residence-produced inventory and (ii) items, loans, free assortment and items obtained in trade of products and companies and many others. has been continued; and accordingly, estimates of MPCE have been generated.
Besides, a provision for assortment of knowledge on the amount of consumption for quite a lot of gadgets, obtained and consumed by the households freed from value by numerous social welfare programmes has been made in HCES: 2022-23.
Consequently, the worth figures for (i) meals gadgets: Rice, Wheat/Atta, Jowar, Bajra, Maize, Ragi, Barley, Small Millets, Pulses, Gram, Salt, Sugar, Edible Oil and (ii) non-meals gadgets: Laptop/PC, Tablet, Mobile Handset, Bicycle, Motor Cycle/Scooty, Clothing (faculty uniform), Footwear (faculty shoe and many others.) obtained freed from value by the households by these programmes, have been imputed utilizing an acceptable methodology.
