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Urban-rural consumption gap narrowed to 70% in 2023-24: Govt
short by Mansi Agarwal / on Friday, 27 December, 2024
The urban-rural gap in terms of the average monthly per capita consumption expenditure (MPCE) narrowed to 70% in 2023-24 from 71% in 2022-23, a government survey found. The average MPCE in rural areas increased to ₹4,122 and ₹6,996 in urban areas in 2023-24 at current prices. The most significant MPCE growth was observed among the bottom 5-10% of the population.
read more at CNBC-TV18