Under the new arrangement, the base year has been revised from 2012 to 2024 using Household Consumption Expenditure Survey 2023-24. Further, now there are 12 Divisions in place of 6 Groups in accordance to Classification of Individual Consumption According to Purpose (COICOP) 2018. The year-
The conference will address several important topics, including the sampling methodologies used in surveys, the latest findings from the Household Consumption Expenditure Survey (HCES) for 2023-24, and recent updates in the Periodic Labour Force Survey (PLFS).
Household Consumption Expenditure Survey released by NSSO indicates a significant change in spending patterns by consumers. While spending in rural areas increased by 164 per cent and in urban areas by 146 per cent since 2011-12 at current prices.
Chairman of the Economic Advisory Council (EAC) to the Prime Minister, Bibek Debroy, emphasized the need for a new poverty line at a data user conference organized by the Ministry of Statistics and Programme Implementation (MoSPI) in Delhi on Wednesday.
The National Sample Survey Office (NSSO) is set to host a one-day data user conference on June 19 in Delhi to discuss the Household Consumption Expenditure surveys for 2022-23.