Eco Survey: Bottom 10% See Sharpest Consumption Rise, Poverty Falls
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News18•29-01-2026, 16:15
Eco Survey: Bottom 10% See Sharpest Consumption Rise, Poverty Falls
- •The Economic Survey highlights that government welfare measures have significantly reduced poverty and improved income distribution.
- •The bottom 5-10% of the population experienced the sharpest rise in consumption expenditure, both in rural and urban areas.
- •Subsidies, pensions, direct benefit transfers, and public spending on education and healthcare are credited for lifting vulnerable groups.
- •The Household Consumption Expenditure Survey (HCES) 2023-24 reflects a decline in consumption inequality and gains for disadvantaged groups.
- •The Survey emphasizes amplifying rural economic momentum through local opportunities, innovation, and community engagement for inclusive growth.
Why It Matters: Government welfare policies have effectively boosted consumption for the poorest, reducing poverty and inequality.
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