Source: PIB & The Hindu
The government announced that in view of “data quality issues” the Ministry of Statistics and Programme Implementation had decided not to release the results of the all-India Household Consumer Expenditure Survey conducted by the National Statistical Office (NSO) during 2017-2018.
The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation carried out an all-India survey on household consumption expenditure in the 75th round during the period July 2017 to June 2018.
About the Consumer Expenditure Survey
- The Consumer Expenditure Survey (CES) is usually conducted at quinquennial intervals(recurring every five years) and the last survey on consumer expenditure was conducted in the 68th round (July 2011 to June 2012).
- The NSS Consumer Expenditure Survey generates estimates of household Monthly Per Capita Consumer Expenditure (MPCE) and the distribution of households and persons over the MPCE classes.
- It is designed to collect information regarding expenditure on the consumption of goods and services (food and non-food) consumed by households.
Uses of the CES
- The estimates of monthly per capita consumption spending are vital in gauging the demand dynamics of the economy as well as for understanding the shifting priorities in terms of baskets of goods and services, and in assessing living standards and growth trends across multiple strata.
- From helping policymakers spot and address possible structural anomalies that may cause demand to shift in a particular manner in a specific socio-economic or regional cohort of the population, to providing pointers to producers of goods and providers of services, the CES is an invaluable analytical as well as forecasting tool.
- It is, in fact, used by the government in rebasing the GDP and other macro-economic indicators.
