Does money buy happiness? What India's spending power reveals about how we live
Indian households now spend more on experiences and lifestyle choices. Average monthly spending has risen across both rural and urban areas. Food now constitutes a
Indian households now spend more on experiences and lifestyle choices. Average monthly spending has risen across both rural and urban areas. Food now constitutes a smaller portion of household expenditure. Easy credit options enable more accessible purchases and lifestyle upgrades. Despite increased spending, financial security remains a significant concern for many.
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