With the constitution of the Eighth Central Pay Commission in 2025, increases in salary and pension expenditures for central ...

Government will have to budget for higher expenditure from FY27; could influence recommendations of the Sixteenth Finance ...

Government announces decision to establish 8th Pay Commission for central government employees and pensioners, led by ...

according to the latest Household Consumption Expenditure Survey released on Friday. The Gini coefficient declined to 0.237 from 0.266 for rural areas and to 0.284 from 0.314 for urban areas during ...

The fact sheet of the latest Household Consumption Expenditure Survey (HCES), conducted between August 2023 and July 2024, confirms the lacklustre growth in consumption spending and a marginal ...

India has once again pushed back a contentious plan to limit major technology companies’ control of the nation’s digital payments system, extending a regulatory uncertainty that has weighed on ...

reducing consumption and aligning expenses with their incomes. And online shopping has never been easier, one click, payment info already saved for products increasingly pushed by influencers ...

The Confederation of Indian Industry's (CII) Director General Chandrajit Banerjee said the upcoming Union Budget should focus on boosting consumption. Domestic consumption has been critical to India's ...

REVERSING A DECLINING trend from over a decade, the share of food in monthly expenditure of households in rural as well as urban areas went up in 2023-24, according to the Household Consumption ...

Policy tweaks in the context of the survey's key findings like rising non-food expenditure by households, sustained consumption momentum in rural ... “Our government will pay utmost attention to make ...

with notable increases in Monthly Per Capita Consumption Expenditure (MPCE) in both areas. Non-food items continued to dominate expenditures. Government support contributed to rural growth, and social ...

The five southern states of Kerala, Telangana, Tamil Nadu, Andhra Pradesh, and Karnataka have a much higher monthly per capita consumption expenditure than the all-India average, as per data from the ...