Changing habits
India’s evolving consumption patterns reflect a significant transformation in the socio-economic landscape, with household spending on food falling below 50 per cent for the first time since 1947.
India’s evolving consumption patterns reflect a significant transformation in the socio-economic landscape, with household spending on food falling below 50 per cent for the first time since 1947.
The economic landscape is further complicated by the ongoing depreciation of the yen, amid soaring costs and growing labour shortages.
Ahead of the Union Budget, the Congress claimed on Friday that the BJP-led Central government has completely “ruined” the economic landscape of the country and added that people are bearing the double whammy of “high unemployment and back-breaking inflation”.
This mega event, aimed at implementing investments of Rs 10 lakh crore, will witness the presence of prominent industrialists from India and abroad.
