Data Think Price's report shows that the population of the high income group increased from 10.1% in 2016 to 14.7% in 2023. After Covid, the population of the lower and middle class increased to 97.3 crores as compared to 64.9 crores in 2020-21, but it was 9.3 crores less than in 2016.
The IMPRI Center for the Study of Finance and Economics (CSFE), IMPRI, Impact and Policy Research Institute, New Delhi, hosted an interactive panel discussion on the topic “Viksit Bharat – Developed India @2047 and Union Budget 2024-25” on 24th July 2024, under IMPRI 5th Annual Series of Thematic Deliberations and Analysis of Interim Union Budget 2024-25, as part of IMPRI #WebPolicyTalk.
For millennia, agriculture has not just been an occupation but a cornerstone of life in India, where farmers hold an honoured status as "Annadata," or providers of food. This deep cultural respect underscores their vital role in sustaining the nation's population...
The income gap between Hindu and Muslim families is decreasing rapidly. This difference between the families of both the communities has reduced by 87% in 7 years and is only Rs 250, which was Rs 1917 per month in 2016.........
Ever since the Covid-19 pandemic introduced the work-from-home routine, Ramesh Sharma (name changed on request), a corporate professional living in Delhi, started spending more on his food and groceries. Sharma, 45, has always been particular about the quality of his diet. But now, he buys more organic groceries and cold-pressed cooking oils and juices even though they are costlier and add to the general inflation in his food and grocery bill. Meanwhile, domestic worker Kusum is scouting for a second-hand refrigerator for her family of five. After multiple repairs, her fridge stopped working this summer. Kusum’s husband is a driver, but they don’t have Rs 10,000 for a new fridge. Her budget: Rs 3,000-4,000 for a second-hand one. With rising expenses, buying new appliances remains a dream.
