ALL INDIA HOUSEHOLD EXPENDITURE SURVEY 2022-23 Why in News After 11- year gap,Centre discloses key consumption expenditure survey data Aim: Generating estimates of household Monthly Per Capita Consumption Expenditure (MPCE). Data will play a key role in reviewing critical economic indicators, including the GDP,Poverty levels and the Consumer Price Infl ation. Conducted by:National Statistical offi ce. Duration: At every Five years. Key Findings: The survey indicates a substantial increase in average monthly per capita consumption expenditure (MPCE) since 2011-12. Urban households witnessing a 33.5% rise and Rural households experienced a 40.42% increase. There has been a decrease in the proportion of spending on food in both rural and urban households compared to 2011-12. MPCE varies across states, with Sikkim having the highest MPCE and Chhattisgarh having
the lowest. WORLD LARGEST AGRI STORAGE PLAN Why in News
Prime Minister Narendra M...
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