Budget Allocation

This dataset provides detailed budget allocation insights for urban and rural households in India, capturing present living standards. The data includes various spending areas such as housing, food, transportation, healthcare, education, and discretionary expenses. The dataset is designed to help researchers, policymakers, and individuals understand spending habits and optimize budget planning.

Context:
The dataset is derived from various government reports, surveys, and market research studies that provide a snapshot of the current economic conditions and living standards in India. It includes average income levels, typical expenses, and common savings patterns for both urban and rural households.

Sources:

National Sample Survey Office (NSSO)
Ministry of Statistics and Programme Implementation (MoSPI)
Various market research reports and publications
Inspiration:
The inspiration behind this dataset is to provide a clear and detailed picture of how households in different regions of India allocate their budgets. This can be a valuable resource for economists, social scientists, financial advisors, and anyone interested in understanding the financial behavior of Indian households.