80% Of Rural Households Report Higher Consumption, 42.2% See Income Growth: NABARD

80% Of Rural Households Report Higher Consumption, 42.2% See Income Growth: NABARD
About 67.3 per cent of monthly income is now spent on consumption, the highest share since the survey began, aided by GST rate rationalisation. This demonstrates strong, broad-based demand - not sporadic or concentrated in specific segments, according to a statement from Finance Ministry.