Consumption Survey Analysed
The methodology of data collection for the latest Household Consumption Expenditure Survey has changed in this round. Therefore, the survey results raise a lot of questions since alternative data is at variance with it.
Category Center for the Study for Finance and Economics
MPCE Data: Aesthetic Appeal with Substantial Insights
MPCE data accounts for just 49 per cent of the consumption reported by GDP estimates. The destination weddings, designer clothes, fancy dining and wining, and exotic holidays probably remain Instagram posts, without finding mention in answers to pesky surveyors.
Charting Urban India’s Budgetary Landscape: Interim Budget 2024 & Viksit Bharat @ 2047
Cities in India are envisioned as engines of growth. Any meaningful long-term vision for India would be incomplete without planning for the cities and quite rightly, urbanization is considered as one of the country’s top developmental challenges.
Addressing Unaccounted Political Funding Beyond Electoral Bonds
Recorded contributions, whether via electoral bonds or plain contributions for which parties issue receipts, form only a part, probably a tiny part, of the total spending by political parties.
Interim Budget 2024 Fails Minorities
The Interim Budget presented by Finance Minister Nirmala Sitharaman earlier this month failed to reflect its commitment towards the development of minorities. This becomes evident through various reasons, including the discontinuation of several schemes and institutions.
The Hidden Toll of Fiscal Consolidation: Social Sectors Shoulder the Burden
India wants to be among the top 3 world economies by 2047, which is dependent on greater spending on education, health and social welfare schemes. But the Interim Budget harks back to lower allocation trends.
Analyzing India’s Urban Interim Budget 2024: Priorities and Projections
The increase in funds allocated for improving the quality of life in urban areas by 12 percent, as pledged in the Interim Budget, is positively received.