Rural consumption growth higher than urban India
Monthly per capital household consumption in rural areas rose 40% in FY23 as against 33% in urban markets
image for illustrative purpose
Living Standards
- Rural per capita consumption expenditure at Rs2,008
- It was Rs3,510 in urban areas
- Food accounted for 46% in rural markets as against 39% in urban areas
New Delhi: Household consumption expenditure on goods and services in both the rural and urban areas of India, which reflects the standard of living and well-being of the population, has shown a robust increase over the last decade, according to the latest survey released by the Ministry of Statistics.
The monthly per capita household consumption in rural India jumped by over 40 per cent in 2022-23, after adjusting for inflation, compared to the corresponding figure recorded for 2011-12, according to the survey.
In absolute terms, the monthly per capita consumption expenditure in the country’s rural areas shot up to Rs2,008 in 2022-23 from Rs1,430 in 2011-12.
Urban India also recorded a robust gain of 33 per cent with per capita household consumption expenditure rising to Rs3,510 in 2022-23 from Rs2,360 in 2011-12, after adjusting for inflation.
Without adjusting for inflation, the figures stood at Rs6,459 for urban households and Rs3,773 for rural households in 2022-23.
