Civil services Current affairs - All-India Household Consumer Expenditure Survey

All-India Household Consumer Expenditure Survey

 

Context:

• The All-India Household Consumer Expenditure Survey, usually conducted by the National Statistical Office (NSO) every five years, is set to resume this year after a prolonged break.

 

 

About:

• Since 2011-12, India has not had any official figures on per capita household spending, which are used to estimate poverty levels in different sections of the country and to review economic metrics such as GDP.
• Estimates of household monthly per capita consumer expenditure (MPCE) and the distribution of households and individuals across different MPCE classes, based on the Survey, may not be available for another year.
• Separate data sets for rural and urban areas, as well as splice spending trends for each State and Union Territory, as well as different socioeconomic classes, will be included in the final report.

 

About National Statistical Office (NSO):

• National Statistical Official came into existence on 23rd May 2019 by a merger of NSSO and CSO. It is the statistics wing of the Ministry of Statistics and Program Implementation.
• The National Sample Survey Office (NSSO) is now merged with the Central Statistical Office to form the National Statistical Office (NSO). This merger was approved by the Government on 23rd May 2019.
• The NSSO or the National Sample Survey Office was formerly known as the National Sample Survey Organization.
• It was the largest organization in India responsible for conducting periodic socio-economic surveys.
• In this article, we will discuss this organization in detail along with its important functions and responsibilities.

 

Source: THE HINDU.