CMIE REPORT on India’s Expensese: Over time, there has been a big change in the country from the living to the catering. In such a situation, the report of the Center for Monitoring Indian Economy (CMIE) is telling the real picture of the country. During the last one year, oil fat has decreased by 19.67 percent. On the other hand, spending has increased by 19.78 percent on things like chocolate.

In this report, giving details of the last four years, it has been told how and on what people are spending more. 6.60 lakh crore rupees were spent on chocolate, gem and sugar during the year 2023-24. Whereas people spent only 2.45 lakh crore rupees on oil and fat. So 5.95 lakh crore rupees were spent on the vegetables.

Exceeding more chocolate than vegetable-oil

On top of this, people spent Rs 5.51 lakh crore in the year 2022-23, while Rs 3.05 lakh crore was spent on oil fat and Rs 5.28 lakh crore on vegetables. Similarly, according to the CMIE report, in the year 2021-22, while Rs 4.71 lakh crore was spent on chocolate, game and sugar, Rs 5.06 crore on vegetables and Rs 2.76 lakh crore on oil fat.

If we talk about 2020-21, then where people spent 4.46 lakh crore rupees on chocolate, gem and China, people spent Rs 4.79 lakh crore on vegetables. Similarly, he spent Rs 2.01 lakh crore on oil fat. Obviously, this data shows how people have changed over time. Apart from this, the expenditure on health has increased by 18.75 percent, while consumer expenses have also increased by 9.72 percent to Rs 181.4 lakh crore.

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CMIE REPORT: The Center for Monitoring Indian Economy (CMIE) has prepared a report, which has revealed what the common man of the country is spending more on his everyday life and cutting the purchase of what things. It has been told that people of normal income class in the country are spending more on alcohol and cold drinks than clothes.

People spending more than clothes on alcohol

It was told in the report that in the year 2023-24, people spent 7.29 lakh crores out of their earnings on clothes. At the same time, Rs 1.20 lakh crore was spent on alcohol drinks. A year ago, in 2022-23, where people spent Rs 7.60 lakh crore on clothes. At the same time, 0.95 lakh crore rupees were spent on liquor. This clearly shows that the expenditure on clothes has decreased between this year, while the expenditure on liquor has increased by 26 percent.

There is a competition to buy your own car

In this way, people have increased the expenditure on the purchase of their own car in 2023-24 as compared to 2022-23, which was Rs 2.64 lakh crore a year ago. At the same time, one year later it became Rs 3.26 lakh crore. At the same time, the expenditure on transport service increased from 14.32 lakh crore of 2022-23 to Rs 15.50 lakh crore in 2023-24. That is, the expenses on purchasing their own car increased three times the expenditure on public transport.

In one year, the expenditure on health increased so much

People are gradually becoming aware of their health as the expenditure on health has increased by 18.75 percent, which increased to Rs 10.07 lakh crore in 2023-24 in 2022-23. However, along with this, the expenditure on insurance premium has decreased by 3.39 percent, where the premium amount in 2022-23 was Rs 1.77 lakh crore. At the same time, in 2023-24 it has come down to Rs 1.71 lakh crore.

Increased spending on food and drink

During this time, there has been a decline of 1.38 percent in spending on entertainment, but the expenditure on internet and call has also increased by 8 percent. In the year 2023-24, the share of spending on food items was 28 percent i.e. Rs 5.15 lakh crore, which is 8.6 % more than the last one year. The reason behind this can be held by increasing inflation. From vegetables to fruits, grain-dal, milk, eggs, sugar, jam, the expenditure on everything has increased compared to one year.

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