IANS | 10 Jun, 2024
Household consumption expenditure on goods and services in both the
rural and urban areas of India, which reflects the standard of living and
well-being of the population, has shown a robust increase over the last decade,
according to the latest survey released by the Ministry of Statistics.
The monthly per capita household consumption in rural India jumped by
over 40 per cent in 2022-23, after adjusting for inflation, compared to the
corresponding figure recorded for 2011-12, according to the survey.
In absolute terms, the monthly per capita consumption expenditure in the
country’s rural areas shot up to Rs 2,008 in 2022-23 from Rs 1,430 in 2011-12.
Urban India also recorded a robust gain of 33 per cent with per capita
household consumption expenditure rising to Rs 3,510 in 2022-23 from Rs 2,360
in 2011-12, after adjusting for inflation.
Without adjusting for inflation, the figures stood at Rs 6,459 for urban
households and Rs 3,773 for rural households in 2022-23, compared to Rs 2,630
and Rs 1,430 respectively in 2011-12, which are higher than the real term
increase after adjusting for inflation.
Household consumption expenditure includes spending on food, fuel,
electricity, medical services, transport and education.
The survey shows that in 2022-23, food accounted for about 46 per cent
of the average rural household's consumption, while urban households allocated
about 39 per cent of their monthly per capita consumption to food.
The survey also reveals that there has been a gradual decline in the per
capita consumption of cereals such as rice and wheat in both rural and urban
India as people are consuming more pulses, milk, vegetables, fruits, eggs and
meat. This change in the consumption pattern reflects an improvement in the
standard of living over this period that has been made possible due to the rise
in incomes as India has emerged as the world’s fastest-growing major economy.
The survey was carried out in 8,723 villages and 6,105 urban blocks
covering as many as 2.62 lakh households across the country.