People of the country are spending more on non-food items than food items. Especially in cities, the expenditure on non-food items is above 60 percent. Whereas in villages this figure is seen above 50 percent. In fact, such shocking figures have been seen in Household Consumption Expenditure Survey: 2023-24. In this government report, figures from August 2023 to July 2024 have been given. Let us also tell you what kind of information has been given in this report.
On average, a person in a village has spent Rs 2,183 in a month on non-food products. Whereas a person living in a city has spent Rs 4,220 per month. Let us also tell you what kind of figures have come out regarding the expenditure on non-food items.
Expenditure on non-food items crosses 60 percent
Very surprising figures have come out under the expenditure on non-food products. Even though the expenditure on non-food products in the city has been seen to be more than 60 percent. But that expenditure is marginally less than last year. According to the data, in the year 2023-24, the expenditure in cities was seen at 60.32 percent, which was seen at 60.83 percent in the year 2022-2023. While a slight decline has also been seen in rural areas. The expenditure which was seen at 53.62 percent in the year 2022-23 in the villages has come down to 52.96 percent in the year 2023-24. The special thing is that on non-food products, a person in the village has spent an average of Rs 2,183 in a month. Whereas the monthly expenditure of a person living in the city was seen to be Rs 4,220.
On which non food items is the expenditure being made
In rural India, the non food items on which the maximum expenditure is being made are transport (7.59%). Whereas 6.83% has been seen on medical. The villagers are spending 6.63% on clothes, bedding and shoes. Whereas the villagers are spending 6.48% on durable goods. 6.22% is being spent on miscellaneous goods and entertainment in villages. If we talk about urban India, then the highest expenditure under non food items is seen on transport at 8.46%. Whereas 6.92% has been spent on miscellaneous goods and entertainment, 6.87% on durable goods, 6.58% on rent and 5.97% on education.
What changes were seen in 10 years
If we look at the trend of non-food products in the last decade, it is known that there was a decline in the expenditure on 'clothes and bedding', shoes and other items. At the same time, it has increased for both rural and urban areas in 2023-24. In rural areas, there has been a reversal in the trend of expenditure on medical (hospitalization and non-hospitalization), entertainment, rent and durable goods. Which had earlier increased between 2011-12 and 2022-23 but has now decreased in 2023-24. In urban areas, expenditure on medical (hospitalization) and education was decreasing earlier, but now it has increased in 2023-24, while expenditure on rent has increased in the last decade. The share of expenditure on rent in urban areas is projected to be 6.58 per cent in 2023-24, up from 6.56 per cent in 2022-23 and 6.24 per cent in 2011-12