Consumption expenditure Current Affairs, GK & News

GoI: Consumer Expenditure Survey, 2017-18 not to be released due to quality issues

The Ministry of Statistics and Programme implementation said that it is not releasing Consumer Expenditure Survey due to quality issues. The next Consumer Expenditure Survey is to be conducted in 2020-21 and 2021-22. Highlights According to the National Statistical Office (NSO) functioning under the Ministry, there was significant increase in the divergence in the consumption ..

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India to grow 7.2% in 2018-19 down from earlier projection of 7.4%: Ind-Ra Outlook

Rating agency India Ratings & Research (Ind-Ra) in its Mid-Year FY19 Outlook has revised down India’s growth to 7.2% from its earlier projection of 7.4% for 2018-19 (FY19). The downward revision comes as Indian economy to face headwinds from high crude oil prices, increase in minimum support prices (MSP) of kharif crops, rising trade protectionism, ..

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