In 2014, PRICE created its first ‘baseline (Wave 1.0)’ master data platform through the pan Indian ICE 360⁰ Survey “Household Survey on Indian Citizen Environment and Consumer Economy” and repeated in 2016, 2021 and 2023 aimed to generate integrated longitudinal data (Interconnected, consistent and up to date) to provide a 360° view of “household’s & people’s” progress on financial conditions (income, expenditure, saving and borrowings), living conditions, access to public goods, amenities, state welfare, health, education, occupational conditions, social and occupational mobility and inclusion in the consumer market economy.

The findings, in the form of actionable insights, presentations, and reports, including household-level data, are shared with various stakeholders ranging from policymakers in government to policy advisors, business strategists, media, academic and research institutions, including national and international individual researchers. The response to the study was encouraging and reaffirmed our hypothesis that such data and insights were value-adding to the various target groups outlined earlier.

Such data yield rich insights not just in one survey but in tracking, in a nuanced and granular fashion, how household well-being has changed over time, what the drivers of these changes have been, what policy measures work slowly over time with what trajectory of effectiveness and so on such data yield rich insights not just in one survey but in tracking, in a nuanced and granular fashion, how household well-being has changed over time, what the drivers of these changes have been, what policy measures work slowly over time with what trajectory of effectiveness and so on.

Sponsor: Self-sponsored

Research Team: Rajesh Shukla, Pooja Sharma, Asha Sharma, Shailendra Dubey, and Rajender Singh