#CutTheClutter
After an 11-year break, highlights on household consumption was published last Saturday, by the Ministry of Statistics and Programme Implementation (MoSPI). In addition to trends in the composition of such expenditure, the report featured estimates of Monthly Per Capita Consumption Expenditure (MPCE) split across income classes, urban and rural India, States, and Union Territories. The full report will be released later. In Episode 1405 of Cut The Clutter, Editor-in-Chief Shekhar Gupta analyses key takeaways from Consumption Expenditure Survey and what it says about the 'MSP trap'.
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Corrections:

21:56: It should be ‘South of Vindhyas is much better, South of Vindhyas is all green...’
22:14: It should be ‘...All the rest of the country, north of Vindhyas does quite poorly’

Error regretted
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Raed Household consumption expenditure survey 2022-23 here: https://www.mospi.gov.in/sites/defaul...
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Read Nikhil Rampal’s article here: https://theprint.in/economy/here-are-...
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