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 Facts & Figures
 
How Indians spend: Estimates from national accounts
Times of India, India Wednesday, February 04, 2009


With growing economy, India is spending more on services as the data reflects that the fastest growing components of household spending were related to the service sector, such as healthcare, communications and education. Consumers tend to spend relatively less on food and more on healthcare and education as their incomes increase, writes Mahendra Kumar Singh in the Times of India.

 

Item

At constant (1999 -2000) prices in percentage

 

2000 – ‘01

‘02 – ‘03

‘04 – ‘05

‘06 – ‘07

‘07 – ‘08

Food, beverages and tobacco

48.2

46.1

This article was published in the Times of India on Wednesday, February 04, 2009. Please read the original article here.
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