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Better ForeCaste: Gap in consumption shrinks; spending by SC, ST, OBCs rose 1% faster each yr

By Economic Times - 5 months ago
Consumption spending in marginalized groups like Scheduled Castes, Scheduled Tribes, and Other Backward Classes has seen a faster annual growth rate of 9.2% between 2011-12 and 2022-23, indicating a decline in consumption inequity between upper and lower castes in India. The monthly per capita consumption of these groups nearly tripled in rural areas.

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