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Urban Consumption

Southern states steal the show in monthly household spending: Survey

Kerala, Telangana, and Tamil Nadu lead India in household consumption, surpassing the national average in spending

Southern states steal the show in monthly household spending: Survey
Updated On : 28 Dec 2024 | 2:24 PM IST

Rural, urban food spending rises amid inflation pressure, shows HCE report

Conversely, among non-food items, rural households reduced spending on medical care, education, rent, fuel, and durable goods

Rural, urban food spending rises amid inflation pressure, shows HCE report
Updated On : 28 Dec 2024 | 12:15 AM IST

Rural, urban consumption inequality dips during Aug 2023-July 2024: Govt

Consumption inequality in rural as well as urban areas declined during August 2023-July 2024 period as compared to a year ago, 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 period under review, a statement by Ministry of Statistics & Programme Implementation on the survey said. The Gini coefficient statistically measures consumption inequality and wealth distribution within a society. The "consumption inequality, both in rural and urban areas has declined from the level of 2022-23," stated the Household Consumption Expenditure Survey (HCES) based on the fieldwork undertaken during August 2023 to July 2024. The average MPCE (monthly per capital expenditure) in rural and urban India in 2023-24, without taking into account the social welfare schemes, has been estimated at Rs 4,122 and Rs 6,996 (at current prices), ...

Rural, urban consumption inequality dips during Aug 2023-July 2024: Govt
Updated On : 27 Dec 2024 | 6:18 PM IST

Weak urban demand weighs on FMCG firms in Q2 despite rural market recovery

Urban demand grew by 2.8 per cent, while rural demand increased by 6 per cent, up from 5.2 per cent in the April-June quarter

Weak urban demand weighs on FMCG firms in Q2 despite rural market recovery
Updated On : 17 Nov 2024 | 10:51 PM IST

Rural demand rises but urban areas 'slow down'; will it impact GDP growth?

While rural demand has shown an uptick, rising food inflation and a slowdown in credit growth pose challenges, potentially dampening the country's growth in the second quarter of 2024-25

Rural demand rises but urban areas 'slow down'; will it impact GDP growth?
Updated On : 29 Oct 2024 | 12:24 PM IST

Consumption prospects of different classes likely to be diverging

Urban prosperity should hardly be dependent upon government support, which is after all unsustainable over a long period

Consumption prospects of different classes likely to be diverging
Updated On : 28 Oct 2024 | 10:43 PM IST

Nestle India CMD Suresh Narayanan sees mega cities as pressure points

Rising food inflation leading to sluggish FMCG demand

Nestle India CMD Suresh Narayanan sees mega cities as pressure points
Updated On : 22 Oct 2024 | 11:31 PM IST

Union Budget 2024: Urban consumption growth in Q1 lags behind rural areas

Lower taxes and levies on mobile phones and associated products such as chargers to help bring down prices

Union Budget 2024: Urban consumption growth in Q1 lags behind rural areas
Updated On : 23 Jul 2024 | 10:21 PM IST

Urban consumer sentiment at a 60-month high; rural areas less optimistic

Rural consumer sentiment is at its lowest level in FY25

Urban consumer sentiment at a 60-month high; rural areas less optimistic
Updated On : 03 Jul 2024 | 2:42 PM IST

Urban demand slows down for FMCG products as rural picks up steam

According to Kantar Worldpanel, rural has overtaken urban growth at the quarterly level quicker than expected

Urban demand slows down for FMCG products as rural picks up steam
Updated On : 13 May 2024 | 11:17 PM IST

After 5 quarters, rural FMCG consumption outpaces urban: NIQ report

While there is a consumption slowdown in urban markets and modern trade channels, rural markets and traditional trade registered an uptick, said NIQ

After 5 quarters, rural FMCG consumption outpaces urban: NIQ report
Updated On : 07 May 2024 | 11:54 PM IST

Consumer sentiment of urban Indians dips to a 4-month low, shows data

Rural consumer sentiment is at its highest level thus far in 2024

Consumer sentiment of urban Indians dips to a 4-month low, shows data
Updated On : 02 Apr 2024 | 8:51 PM IST

Delhi LG Saxena orders termination of two non-official members of DUSIB

Delhi Lieutenant Governor V K Saxena has ordered the termination of two non-official members of DUSIB who were serving as expert members without any requisite qualification in urban planning, Raj Niwas officials said on Thursday. Saxena issued the directions in the exercise of his powers under section 4(2) of the DUSIB Act, 2010, they added. However, the Delhi government later issued a statement saying the appointment of Delhi Urban Shelter Improvement Board (DUSIB) members lies in the domain of the elected government and not the LG. Raj Niwas officials earlier said that of the two officers whose services were ordered to be terminated, one has been serving as an expert member of DUSIB for nine years while the other was appointed as a non-official member on March 9, 2022. Both were drawing hefty remunerations in contravention of the law, they added. Saxena also sought a panel of fresh names for expert members who fulfil the requisite qualifications within a week, an official said.

Delhi LG Saxena orders termination of two non-official members of DUSIB
Updated On : 08 Mar 2024 | 6:54 AM IST

Freeing urban commercial spaces

Leasehold property deeds are hindering the commercial development and growth of urban areas

Freeing urban commercial spaces
Updated On : 17 Jan 2024 | 9:23 PM IST

After CLSA, Goldman eyes 'affluent India' play and identifies key themes

Identifies key themes like leisure, jewellery, out-of-home food, healthcare and premium brands as growth areas

After CLSA, Goldman eyes 'affluent India' play and identifies key themes
Updated On : 12 Jan 2024 | 10:50 PM IST

Urban consumption likely to propel India's GDP growth in July-September

Besides, the index of industrial production (IIP) also grew at a robust pace of 7.34 per cent during the quarter, along with a robust 13.9 per cent growth in electricity demand

Urban consumption likely to propel India's GDP growth in July-September
Updated On : 23 Nov 2023 | 11:41 PM IST

ADB approves $ 400 mn loan to support govt's urban reform agenda

The Asian Development Bank (ADB) has approved a USD 400 million loan to support the Indian government's urban reform agenda for creating high-quality urban infrastructure and efficient governance systems. The programme also envisages integrated urban planning reforms to control urban sprawls and foster systemic and planned urbanisation through enhancing the entire ecosystem of legal, regulatory, and institutional reforms along with capacity building of ULBs and community awareness, ADB said. "The Asian Development Bank (ADB) has approved a USD 400 million policy-based loan to India for Sub-programme 2 of the Sustainable Urban Development and Service Delivery Programme. "The programme aims to support the government's urban reform agenda for improving the quality of urban life through the creation of high-quality urban infrastructure, assured public services, and efficient governance systems," ADB said. While Subprogramme 1, approved in 2021, established national-level policies and .

ADB approves $ 400 mn loan to support govt's urban reform agenda
Updated On : 25 Oct 2023 | 4:40 PM IST

Recovery signs in rural consumption, but stress remains: Kantar report

Household consumption has also grown on the back of the return of atta into shoppers' baskets, after the government halted the free grain distribution scheme

Recovery signs in rural consumption, but stress remains: Kantar report
Updated On : 23 Oct 2023 | 10:54 PM IST

Rural growth outpaces urban demand, trend to continue 6 months: Pidilite MD

Rural growth, which was lagging after the pandemic, has outpaced urban demand and this trend is likely to continue over the next six months led by a good monsoon, Pidilite Industries Managing Director Bharat Puri said. Moreover, as the inflationary pressure cools down after two years of volatility, Puri said now he sees 'stability' in input prices, which is providing him with a lot more elbow room to invest back into the marketplace. Puri says he is "increasingly optimistic" as he looks forward as there is clearly increased construction activity, leading to good demand. The company, which recently entered into the Paints market and has a presence in 2-3 states, would expand further to other markets based on consumer responses. It is an organic business for Pidilite, which will grow steadily, he added. When asked about the current quarter (July-September), Puri said there has been disruption at some places due to rains. "Q2 up to now has been a very unnatural quarter simply because

Rural growth outpaces urban demand, trend to continue 6 months: Pidilite MD
Updated On : 13 Aug 2023 | 8:47 PM IST

Urban markets pull demand for daily groceries and essentials up in Q4

The quantity of FMCG goods purchased, or volumes, increased 2.1% in rural markets and 5.9% in cities YoY, the report said

Urban markets pull demand for daily groceries and essentials up in Q4
Updated On : 04 May 2023 | 11:17 AM IST