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The Economic Situation In 2023–24 Part 3: India's Grim Poverty Situation

In Part 1 of our economic survey, we examined the veracity of the tall claims being made by the FM and official economists and other mainstream intellectuals

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The secret behind premiumisation, revealed by the Household Consumer Expenditure Survey

The top 5 percent of the urban population accounted for 21.7 percent of the increase in urban consumption between 2011-12 and 2022-23, a category that is driving demand for premium goods and services

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A profile of the seriously weird average Indian consumer, from the Household Consumer Expenditure Survey

We have a picture of the average Indian consumer grabbing a carton of milk in the morning before riding long distances to work, gorging on vada pav and snacks for lunch, washed down with a cold drink, dropping in to buy a toaster or microwave on the way back to her hovel, and ordering cooked meals for dinner while carefully avoiding the dal and vegetables and putting up her feet while knocking back a peg or two of the local hooch 

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Why the 2023 Consumption Survey Is Not Comparable with Previous Rounds

Why the 2023 Consumption Survey Is Not Comparable with Previous Rounds
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