The latest consumer expenditure survey indicates that poverty has come down to five per cent in the country and people are becoming prosperous both in rural and urban areas, NITI Aayog CEO B V R Subrahmanyam said on Sunday.

The National Sample Survey Office (NSSO), under the Ministry of Statistics and Programme Implementation, released data on household consumption expenditure for the year 2022-23 on Saturday which shows per capita monthly household expenditure more than doubled in 2022-23 as compared to 2011-12.

"This long-awaited consumer expenditure survey has brought out many things. With data on household consumption, we can assess what is the status of poverty in the country and how successful the poverty alleviation measures have been," Subrahmanyam told reporters.

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"The survey findings indicate that poverty in India is below five per cent now. I am convinced with the data," he said.

He said that for the purpose of the survey, people were kept in 20 different categories and the data showed that the average per capita monthly expenditure for all categories stood at Rs 3,773 in rural areas and Rs 6,459 in urban areas. The average per capita monthly expenditure of 0-5 per cent fractile class is pegged at Rs 1,373 in rural areas and Rs 2,001 in urban areas.

"If we take the poverty line and inflate it with the Consumer Price Index (CPI) to today's rate, we see that the average consumption of the lowest fractional, the 0-5 per cent, is about the same. This means poverty in the country is there in the 0-5 per cent group only," the NITI Aayog CEO said.

"This is my assessment. But economists will analyse it and come out with absolutely correct numbers," he added.

Citing the survey data, Subrahmanyam said the increase in consumption both in rural and urban areas is about 2.5 times.

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"This shows that the progress in the country is happening in both urban and rural areas," he added.

Another significant takeaway from the survey findings is that consumption in rural areas is growing faster than in urban areas, thereby narrowing the gap, Subrahmanyam said, adding, "Disparities are coming down." According to the survey data, the gap was 84 per cent in 2011-12 and has come down to 71 per cent in 2022-23. The gap was at its peak of 91 per cent in 2004-05.

If the trend continues, it is possible that urban and rural incomes and consumption will be the same in the coming years, Subrahmanyam said.

The NSSO survey indicates a significant fall in the consumption of cereals and food in the country. In rural areas, consumption of cereals as a share in the average MPCE (Monthly Per Capita Consumption Expenditure) has gone down from 22 per cent in 1999-2000 and 10.7 per cent in 2011-12 to less than five per cent now.

The total consumption of food in rural areas as a share in the average MPCE has gone down from almost 60 per cent in 1999-2000 and 53 per cent in 2011-12 to 46 per cent now, according to the survey.

Consumption of cereals and food in urban areas as a share has gone down from 12 per cent in 1999-2000 and over six per cent in 2011-12 to less than four per cent now, while the total consumption of food in urban areas as a share in the average MPCE has gone down to 39 per cent for the first time ever from almost 50 per cent in 1999-2000 and 43 per cent in 2011-12.

"This means people are becoming prosperous with extra income. And with this increased prosperity, they are spending more on other things than food. And in food, you will see they are drinking more milk, eating fruits and more vegetables. And the most significant is that they are spending more on processed food," he said.

Subrahmanyam said after the NSSO survey, the consumer price index will have to be rebalanced to represent current consumption patterns.

"The contribution of food to CPI inflation will be lower and probably was lower in earlier years also. This means inflation was being overstated and is probably less as food has been a major contributor to inflation," he said, adding that the NSSO survey may have implications on GDP.

The latest consumer expenditure survey indicates that poverty has come down to five per cent in the country and people are becoming prosperous both in rural and urban areas, NITI Aayog CEO B V R Subrahmanyam said on Sunday.

The latest consumer expenditure survey indicates that poverty has come down to five per cent in the country and people are becoming prosperous both in rural and urban areas, NITI Aayog CEO B V R Subrahmanyam said on Sunday. The National Sample Survey Office (NSSO), under the Ministry of Statistics and Programme Implementation, released data on household consumption expenditure for the year 2022-23 on Saturday which shows per capita monthly household expenditure more than doubled in 2022-23 as compared to 2011-12. "This long-awaited consumer expenditure survey has brought out many things. With data on household consumption, we can assess what is the status of poverty in the country and how successful the poverty alleviation measures have been," Subrahmanyam told reporters. Also read | Several Indians discharged from Russian army after foreign ministry's intervention "The survey findings indicate that poverty in India is below five per cent now. I am convinced with the data," he said. He said that for the purpose of the survey, people were kept in 20 different categories and the data showed that the average per capita monthly expenditure for all categories stood at Rs 3,773 in rural areas and Rs 6,459 in urban areas. The average per capita monthly expenditure of 0-5 per cent fractile class is pegged at Rs 1,373 in rural areas and Rs 2,001 in urban areas. "If we take the poverty line and inflate it with the Consumer Price Index (CPI) to today's rate, we see that the average consumption of the lowest fractional, the 0-5 per cent, is about the same. This means poverty in the country is there in the 0-5 per cent group only," the NITI Aayog CEO said. "This is my assessment. But economists will analyse it and come out with absolutely correct numbers," he added. Citing the survey data, Subrahmanyam said the increase in consumption both in rural and urban areas is about 2.5 times. Also read | Gyanvapi case: Hindu prayers to continue in complex's cellar after Allahabad HC rejects plea "This shows that the progress in the country is happening in both urban and rural areas," he added. Another significant takeaway from the survey findings is that consumption in rural areas is growing faster than in urban areas, thereby narrowing the gap, Subrahmanyam said, adding, "Disparities are coming down." According to the survey data, the gap was 84 per cent in 2011-12 and has come down to 71 per cent in 2022-23. The gap was at its peak of 91 per cent in 2004-05. If the trend continues, it is possible that urban and rural incomes and consumption will be the same in the coming years, Subrahmanyam said. The NSSO survey indicates a significant fall in the consumption of cereals and food in the country. In rural areas, consumption of cereals as a share in the average MPCE (Monthly Per Capita Consumption Expenditure) has gone down from 22 per cent in 1999-2000 and 10.7 per cent in 2011-12 to less than five per cent now. The total consumption of food in rural areas as a share in the average MPCE has gone down from almost 60 per cent in 1999-2000 and 53 per cent in 2011-12 to 46 per cent now, according to the survey. Consumption of cereals and food in urban areas as a share has gone down from 12 per cent in 1999-2000 and over six per cent in 2011-12 to less than four per cent now, while the total consumption of food in urban areas as a share in the average MPCE has gone down to 39 per cent for the first time ever from almost 50 per cent in 1999-2000 and 43 per cent in 2011-12. "This means people are becoming prosperous with extra income. And with this increased prosperity, they are spending more on other things than food. And in food, you will see they are drinking more milk, eating fruits and more vegetables. And the most significant is that they are spending more on processed food," he said. Subrahmanyam said after the NSSO survey, the consumer price index will have to be rebalanced to represent current consumption patterns. "The contribution of food to CPI inflation will be lower and probably was lower in earlier years also. This means inflation was being overstated and is probably less as food has been a major contributor to inflation," he said, adding that the NSSO survey may have implications on GDP.

Latest NSSO consumer survey indicates poverty down to 5% in India: NITI Aayog CEO

India can consider making voting compulsory like in Australia to encourage rich and middle class to cast their ballots, Niti Aayog CEO Amitabh Kant said Wednesday.

Kant's statement comes against the backdrop of low voting turnout witnessed in several urban areas of India in ongoing general elections. In Mumbai, less than 52 per cent voting was witnessed in the Lok Sabha polls held on April 29.

"Australia too is in the midst of its federal elections. Voting is compulsory and those who do not vote are fined USD 20.

"In case of non-payment, you can be taken to court and liable to be jailed. Seeing the apathy of rich and middle-class voters in urban cities of India this is worth a try," he said in a tweet.

The issue of compulsory voting has cropped up several times within and outside Parliament.

In February last year, while responding to a private member's bill introduced in the Lok Sabha on compulsory voting, then Law Minister D V Sadananda Gowda had said though he appreciated the intention of the members, it would not be possible for the government to introduce compulsory voting and penalise those who failed to exercise their franchise.&nbsp;

India can consider making voting compulsory like in Australia to encourage rich and middle class to cast their ballots, Niti Aayog CEO Amitabh Kant said Wednesday.

India can consider making voting compulsory like in Australia to encourage rich and middle class to cast their ballots, Niti Aayog CEO Amitabh Kant said Wednesday. Kant's statement comes against the backdrop of low voting turnout witnessed in several urban areas of India in ongoing general elections. In Mumbai, less than 52 per cent voting was witnessed in the Lok Sabha polls held on April 29. "Australia too is in the midst of its federal elections. Voting is compulsory and those who do not vote are fined USD 20. "In case of non-payment, you can be taken to court and liable to be jailed. Seeing the apathy of rich and middle-class voters in urban cities of India this is worth a try," he said in a tweet. The issue of compulsory voting has cropped up several times within and outside Parliament. In February last year, while responding to a private member's bill introduced in the Lok Sabha on compulsory voting, then Law Minister D V Sadananda Gowda had said though he appreciated the intention of the members, it would not be possible for the government to introduce compulsory voting and penalise those who failed to exercise their franchise.

Compulsory voting worth a try in India, says NITI CEO

NITI Aayog CEO Amitabh Kant on Tuesday said that the states in India's eastern region like Bihar, Uttar Pradesh, Chattisgarh, Madhya Pradesh and Rajasthan are keeping India backward, especially on social indicators.

Speaking at the first Khan Abdul Gaffar Khan Memorial Lecture at Jamia Millia Islamia University, Kant said, "Eastern part of India particularly states like Bihar, UP, Chattisgarh, MP, and Rajasthan are keeping India backward especially on social indicators. While we have improved on ease of doing business, we have remained backward on human development index."Kant further said that India is still 131 out of 188 countries in the Human Development Index (HDI).

Reacting to 'Challenges of Transforming India' he said that the part of southern and western India was doing well and growing speedily."And when the country's HDI has to improve and we have to focus on these social indicators. We are working on these things through Aspirational Districts Programme," he added.

Stressing upon the significance of sustainable growth, the NITI Aayog CEO said, "Education and health are vital and in these two areas India is lagging behind. Our learning outcomes are poor - a class 5 student is not able to do class 2 subtractions. Class 5 student is not able to read his mother tongue. Infant mortality rates are very high. Unless we improve on these aspects, it will be difficult to grow in a consistent way."

He also encouraged women to participate in decision-making process. He said, "There must be a conscious effort to frame policies to give women opportunities."

The other states he included in his list were Chattisgarh, Madhya Pradesh and Rajasthan

NITI Aayog CEO Amitabh Kant on Tuesday said that the states in India's eastern region like Bihar, Uttar Pradesh, Chattisgarh, Madhya Pradesh and Rajasthan are keeping India backward, especially on social indicators. Speaking at the first Khan Abdul Gaffar Khan Memorial Lecture at Jamia Millia Islamia University, Kant said, "Eastern part of India particularly states like Bihar, UP, Chattisgarh, MP, and Rajasthan are keeping India backward especially on social indicators. While we have improved on ease of doing business, we have remained backward on human development index."Kant further said that India is still 131 out of 188 countries in the Human Development Index (HDI). Reacting to 'Challenges of Transforming India' he said that the part of southern and western India was doing well and growing speedily."And when the country's HDI has to improve and we have to focus on these social indicators. We are working on these things through Aspirational Districts Programme," he added. Stressing upon the significance of sustainable growth, the NITI Aayog CEO said, "Education and health are vital and in these two areas India is lagging behind. Our learning outcomes are poor - a class 5 student is not able to do class 2 subtractions. Class 5 student is not able to read his mother tongue. Infant mortality rates are very high. Unless we improve on these aspects, it will be difficult to grow in a consistent way." He also encouraged women to participate in decision-making process. He said, "There must be a conscious effort to frame policies to give women opportunities."

States like UP, Bihar holding India back: NITI Aayog CEO Amitabh Kant

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Latest NSSO consumer survey indicates poverty down to 5% in India: NITI Aayog CEO

Compulsory voting worth a try in India, says NITI CEO

States like UP, Bihar holding India back: NITI Aayog CEO Amitabh Kant