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    HomeNewsOpinionThe stark inequalities in consumption: What the numbers reveal

    The stark inequalities in consumption: What the numbers reveal

    The top 5 percent of the urban population spend Rs 3,064 per head per month on consumer durables while someone in the top 40-50 percent bracket spends just Rs 758 -- a fourfold difference, according to the Survey on Household Consumption Expenditure in India, 2023-24

    Manas Chakravarty
    February 06, 2025 / 10:14 IST
    When those at the very top of the income pyramid loosen their purse strings, the impact is significant
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