NRB’s Household Survey: Poor’s expenses on food while rich’s on luxury items

According to the data of 5th household Survey by Nepal Rastra Bank (NRB), the expenses pattern of poor Nepalese household and rich Nepalese household differs to far extend. Poor tends to spend most part of their money on food items whereas rich spends on luxury items and services.
The survey, divided into five categories, has surveyed on expenses pattern of different class Nepalese household on various types of product and services.
As per the survey data, Poor spend about 20% of their money on food and 56.84 % of their money on Alcoholic material while upper class rich spend 20% of their money on food and 32.86 % of money on alcoholic material.
Likewise, poor expend more on food, non-alcoholic drinks, alcoholic drinks, tobacco material and housing. On the other hand, rich expend more on various services and goods other than food, drinks, and housing.

"There are mixed results in half-yearly budget progress"

Total government spending amounts to Rs. 667.60 billion in 6 months

"There are promising signs of economic recovery"

Finance Minister Paudel directs to meet revenue target

Suspended Chief Secretary Aryal acquitted in corruption case

Dhakal elected HCCN Dean

Price of salt goes up

Feedback