Consumer confidence index (CCI), Impact as catalyst of Growth in India.

Registration ID: IJNRD_200885

Published ID: IJNRD2307076

DOI: Click Here to Get

Anil Kumar Sharma , Dr. Renu Sharma

Economy, Microfinance, Financial Inclusion, SHG, NABARD, Commercial Banks.

Almost all developed and emerging economies try to predict the future demand and behavior of their Citizen / consumer, which helps economic and social planning. In few countries to quote US such surveys are conducted on monthly basis with meticulous timetable and in few counties like India such surveys, future expectations index (FEI) and consumer confidence Index (CCI) are conducted Bi -monthly by RBI. The survey obtains current perceptions (vis-à-vis a year ago) and one year ahead expectations on general economic situation, employment scenario, overall price situation and own income and spending across 19 major cities. The study considered the last three surveys conducted by RBI uploaded on RBI web site on dated on December 07, 2022 conducted during November 02 to 11, 2022, covering 6,089 responses, Feb 08 2023 (conducted during January 02 to 11, 2023), round of the survey was, covering 6,047 respondents and April 06 2023 ( conducted during March 2 to 11 , 2023). Latest survey covers 6,075 respondents. Female respondents accounted for 52.3 percent of this sample. The study will consider the outcome of all three surveys CCI and FEI and trends in the economy. The study comprises the evaluation of correlation between actual economic trends and the outcome of the survey. The study also covers the OBICUS survey conducted by RBI for the manufacturing sector every quarter, since 2008. It stands for – Order Books, Inventories and Capacity Utilization Survey (OBICUS). The survey provides an insight into the demands of the Indian manufacturing sector

Published Paper   E-Certificate

Anil Kumar Sharma & Dr. Renu Sharma (July-2023). Consumer confidence index (CCI), Impact as catalyst of Growth in India.. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(7), a601-a614. https://ijnrd.org/papers/IJNRD2307076.pdf

Volume 8 Issue 7, July-2023

Pages : a601-a614

Paper Reg. ID: IJNRD_200885

Published Paper Id: IJNRD2307076

Downloads: 000121994

Research Area: Management

Country: Bijnor, UP, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2307076.pdf

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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

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