What India buys today: How durables took over dal in monthly bills
A new Economic Advisory Council to the Prime Minister study based on Household Consumption Expenditure Survey 2023-24 reveals households, including the bottom 40%, spending less on food and more on durables and services. The shift is driving convergence across states and income tiers, reshaping India’s consumption landscape
A new Economic Advisory Council to the Prime Minister study based on Household Consumption Expenditure Survey 2023-24 reveals households, including the bottom 40%, spending less on food and more on durables and services. The shift is driving convergence across states and income tiers, reshaping India’s consumption landscape
