‘Consumption Pattern Proves Economic Growth', Says Dr. Shamika Ravi In An Exclusive Interview | N18V
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 Published On Premiered Sep 15, 2024

A MoSPI survey shows a significant increase in consumption among rural SCs and urban OBCs, with rural SCs' consumption increasing by 168% and urban OBCs' by 170%. This indicates a decline in food expenditure since 1950, with the largest increase in non-cereal items in the bottom 20%. The study also highlights a reduction in inequality in consumption expenditure and suggests that people are better off now.

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