European Academic Research ISSN 2286-4822
ISSN-L 2286-4822
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Article Details :
Article Name :
An Analysis of Consumption Expenditure in India
Author Name :
Dr. M. S. DESHMUKH, S. S. VYAVAHARE
Publisher :
Bridge Center
Article URL :
Abstract :
Consumption is an important activity performed by the household sector. Post Globalisation has raised India’s per capita income (expenditure) and that has significantly impacted its food consumption patterns by causing a change in the structure of food consumption baskets. The monthly per capita consumption expenditure (MPCE) on food items has declined from 72.83% to 52.76% and on non food items has increased from 27.15% to 47.24% in the rural India during 1972-73 to 2011-12. While in the urban India the expenditure on food items has decline from 64.45% to 42.46% whereas expenditure on non-food items has shown a steady increase from 35.55% to 57.54% during 1972-73 to 2011-12. Monthly per capita consumption of major cereals (in quantity k.g) has decreased in both rural and urban area in Maharashtra and India during 1972-73 to 2011-12. The volume of change in pre reform to post reform period in food items has declined from -13.76% in rural India and -22.34% in urban India, while in the non-food items has increased from 27.52% in rural India and 33.17% in urban India. The above discussion on consumption expenditure indicated that there is a significant difference in the pre and post reform period.
Keywords :
Food and Non-food consumption expenditure, Pre and Post Reform
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