The Ministry of Statistics & Programme Implementation released the Household Consumption Expenditure Survey for 2023-24, showing an increase in average monthly per capita expenditure in rural and urban areas by approximately 9% and 8%, respectively. The data highlights a narrowing urban-rural MPCE gap, a shift towards non-food expenditure, and a decline in food spending, particularly on cereals. Furthermore, the findings indicate a decrease in consumption inequality and positive trends in bridging economic disparities. However, states like Bihar, Uttar Pradesh, Madhya Pradesh, and Odisha still report lower MPCE levels compared to the national average, underscoring the importance of their development for national poverty reduction and economic growth.
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Pak-based terror groups hold rally in PoJK, highlighting ongoing terrorism
Jaish-e-Mohammad and Lashkar-e-Tayyiba, Pakistan-based terror groups, participated in a Rawalakot event in POJK, showing support for 'Kashmir Solidarity' and backing Hamas's Gaza operations. This gathering underscores Pakistan's continued support for armed groups in Kashmir, criticized for promoting terrorism while claiming to defend Kashmiri rights. Pakistan's involvement in such events raises concerns about fostering instability and terrorism in the region. Full Article
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