
Key infra sector growth slows down to 4.3% in May
The Hindu
The growth of eight key infrastructure sectors slowed down to 4.3% in May 2023 due to a decline in the production of crude oil, natural gas, and electricity.
The growth of eight key infrastructure sectors slowed down to 4.3% in May 2023 due to a decline in the production of crude oil, natural gas, and electricity.
The core sector growth was 19.3% in May 2022 while in April 2023 the key infra sectors recorded a growth rate of 4.3%
During April-May this fiscal, the output growth of these eight sectors slowed down to 4.3% as against 14.3% in the year-ago period.

The latest Household Consumption Expenditure Survey (HCES) by MoS&PI reveals a transformative shift in India’s economic landscape. For the first time in over a decade, granular data on Monthly Per Capita Expenditure (MPCE) highlights a significant decline in the proportional share of food spending—a classic validation of Engel’s Law as real incomes rise. Between 1999 and 2024, both rural and urban consumption pivoted away from staple-heavy diets toward protein-rich foods, health, education, and conveyance. As Indian households move beyond subsistence, these shifting Indian household spending patterns offer vital insights for social sector policy, poverty estimation, and the lived realities of an expanding middle-income population.












