Consumer spending surveys help set the base year for key macroeconomic data, including gross domestic product
Jha, who broke the news on India's record unemployment level, was also adjudged IIMC alumnus of the year 2019
A fall in household spending is a signal that poverty may have increased, according to experts
The NSC is an autonomous body overlooking the country's statistical system and is headed by cryptologist Bimal Kumar Roy
Scholars across the world had appealed for the survey reports, including one on household consumer expenditure.
Govt had said a committee of experts was formed and several 'concerns' related to the survey report was flagged to it
Rural parts of Haryana and Maharashtra saw an 18 per cent fall in consumer spending in 2017-18, compared to 2011-12
Unfortunate fiasco over consumer spend survey
Here's a selection of Business Standard Opinion pieces for the day
Ratio of top and bottom 10% declined sharply to 5% in 2017-18 from 5.9% in 2011-12 in rural areas
Chidambaram's remarks come after a media report cited the latest consumption expenditure survey by the NSO to claim that consumer spending fell for the first time in more than four decades in 2017-18
Consumer spending fell in real terms in 2017-18, its first decline in four decades, Business Standard reported Friday.
At the macro level, a similar dichotomy is visible in two sets of data released by the same institution, the Ministry of Statistics and Programme Implementation
The findings of the report, published by Business Standard on Friday, showed consumer spending falling for the first time in over four decades in 2017-18
The report also claimed the NSO report was approved to be released on June 19, 2019, but was withheld by the government agency owing to its "adverse" findings
From the first fall in consumer spending in 4 decades to a fall in ONGC's net profit, here are the top 10 business stories for the day
In rural areas, it declined by 8.8% in 2017-18; in cities, it rose by 2% over 6 years
Prepay loans and hike SIP amounts before you think of discretionary expenditures
China indicated growth this year could be as low as 6%, the slowest on record, while India's expansion was the weakest in six years in the June quarter
At the bourses, Pidilite, Asian Paints, Berger Paints, Nestle and Marico have gained up to 24 per cent on a year-to-date (YTD) basis. In comparison, the Nifty50 has added nearly 1.5 per cent.