Changing Patterns of Consumption
Published: Jan 31, 2017
Photo: Prasad
Considering the requirements of households for communication, the increase in expenditure and its current share in households’ consumption basket is extremely noteworthy.
Abstract: Consumption is one of the key indicators of the economy’s performance. Since India has been experiencing relatively higher growth and resultant change in household income distribution, consumption pattern too has altered over the last decade or so.
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