Home / Economy / News / NSO's consumer spend report showing first fall in 40 yrs won't be released

NSO's consumer spend report showing first fall in 40 yrs won't be released

Consumer spending surveys help set the base year for key macroeconomic data, including gross domestic product

Premium

According to experts, a decline in consumer spending implied that the poverty ratio in the country might have inched up for the first time in many decades

Somesh Jha New Delhi

4 min read Last Updated : Feb 18 2020 | 7:28 AM IST

More than a month after National Statistical Commission (NSC) Chairman Bimal Kumar Roy said the official survey report showing a dip in consumer spending for the first time in over four decades would be made public, the autonomous data body decided against releasing the report.

When asked why the NSC departed from its earlier view, Roy said: “I did try. I made a proposal (in an NSC meeting on January 15) to release the survey but I didn’t find support. I did put in the proposal as chairman but it didn’t get through. I cannot say anything more now.” A

Topics : National Statistical Commission NSO consumer spending

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in