Retail Inflation

Retail Inflation: What It Is and How It Affects You

Inflation is a term that we often come across in daily conversation and news. It refer to increase in price of goods and service over time. While inflation affect- the economy as a whole, Retail Inflation specifically impacts our day-to-day live as individual and consumer. In this blog post- we will explore, what retail inflation …

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poverty

Describe How the Poverty Line is Estimated in India

The poverty line in India is calculated based on the consumption expenditure of households. The government uses data from the National Sample Survey (NSS) to estimate the poverty line. The NSS conducts surveys across the country to gather information on household consumption, income, and expenditure. Based on this data, the government determines the minimum consumption …

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