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Economy

Falling consumption: Why debating the data is better than shelving it

Updated : November 25, 2019 09:46 AM IST

The key finding, which may have been the cause of the withdrawal of this report, is that it found the monthly rural consumption expenditure in 2017-18, 9.8 percent below what it was in 2011-12.
What the Mospi probably couldn’t reconcile is the survey indicating a fall in consumption in 2017-18 versus 2011-12, when the private final consumption expenditure in the GDP was rising every year from 2011-12 to 2017-18.
The Mospi had good reasons to say the MPCE conclusions drawn from the 75th round of the NSO can be doubted.
Falling consumption: Why debating the data is better than shelving it
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