India's food consumption expenditure trends reveal a reassuring shift

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India's food consumption expenditure trends reveal a reassuring shift - Business Standard

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A simple comparison of the data from the Household Consumption Expenditure Surveys (HCES) of 2011-12 and 2022-23 reveals that there has been a significant increase in households’ average monthly per capita expenditure (MPCE) in rural and urban areas across all states and Union Territories in the country.

A new working paper titled “Changes in India’s Food Consumption and Policy Implications: A Comprehensive Analysis of Household Consumption Expenditure Survey 2022-23 and 2011-12”, published by the Economic Advisory Council to the Prime Minister, has highlighted some interesting aspects of the trends in India’s food consumption.