CONSUMPTION EXPENDITURE SURVEY - REPORTS AND INDICES
News: Data
from revamped surveys of household spending may come after 2024 elections
What's in the news?
● Results
of the revamped Consumer Expenditure Surveys (CES) for 2022-23 and for 2023-24,
meant to reveal more granular details of income and spending patterns in rural
and urban households, may now come well after the 2024 general elections.
Household Consumption Expenditure Survey:
● It
is traditionally a quinquennial
(recurring every five years) survey conducted by the government’s National
Sample Survey Office (NSSO).
● Consumer
Expenditure Survey aims at generating estimates
of household Monthly Per Capita Consumer Expenditure (MPCE) and the
distribution of households and persons over the MPCE range separately for rural
and urban sectors across the country and for different socio-economic groups.
Conducted by: National Sample Survey
Office (NSSO), Ministry of
Statistics and Program Implementation.
Coverage: Both Urban and Rural
households.
Significance:
● It
was used to arrive at estimates of poverty levels in different parts of the
country .
● It
is used to review economic indicators
like the Gross Domestic Product (GDP), since 2011–12.
● It
will include separate data sets for rural and urban parts, and also splice
spending patterns for each State and Union Territory, as well as different
socio–economic groups.