For the first time in about 11 years, the government on February 24 released the broad findings of the All India Household Consumption Expenditure Survey carried out between August 2022 and July 2023.

Highlights

• The average monthly per capita consumption expenditure (MPCE) witnessed a significant rise, with urban households reporting a 33.5% increase to Rs. 3,510 and rural households seeing a 40.42% increase to Rs. 2,008 since 2011-12.
• The MPCE figures do not account for the estimated value of items received for free through social welfare programs like the PM Garib Kalyan Ann Yojana (PMGKAY). However, they do include non-food items from such schemes, such as computers, mobile phones, bicycles, and clothing.
• After adding the imputed cost of free items, the adjusted average monthly consumption expenditures were ?3,860 for rural areas and ?6,521 for urban areas.... Read more at: https://www.studyiq.com/articles/household-consumer-expenditure-survey.