RBI launches the November 2026 round of the Rural Consumer Confidence Survey
RBI - Press Releases · Published 3 November 2026 · Last updated
RBI’s November 2026 Rural Consumer Confidence Survey, covering 31 states/UTs, feeds household perception data into monetary policy and financial‑inclusion monitoring.
Key points
- The Reserve Bank of India launched the November 2026 round of the Rural Consumer Confidence Survey (RCCS) on 3 Nov 2026.
- The survey targets households in rural and semi‑urban areas across 31 states and Union Territories, including Andhra Pradesh, Ladakh and West Bengal.
- Ipsos Research Private Ltd., Gurugram, has been engaged as the field agency to conduct the survey on behalf of the RBI.
- Selected households are approached by the agency; any other individual may submit responses via a linked survey schedule emailed to the RBI.
- The Director, Division of Household Surveys, Department of Statistics and Information Management, RBI, is the contact point for queries (Phone: 022‑2657 8398/8332).
- Survey results provide inputs for RBI’s monetary‑policy decisions, especially regarding price stability and credit flow to the rural sector.
- The RCCS is conducted under the RBI’s statutory authority under Section 7(5) of the Reserve Bank of India Act, 1934, which permits surveys and investigations.
- Ajit Prasad, Deputy General Manager (Communications), issued the press release (Reference 2026‑2027/1431).
Background
- 2008 – Rajan Committee on Financial Inclusion recommended a dedicated Rural Consumer Confidence Survey to gauge demand‑side pressures.
- 2012 – Committee on Rural Credit and Banking formalised the survey framework, directing RBI to institutionalise it.
- 2015 – First full‑scale RBI RCCS launched covering 20,000 households in 12 states.
- 2020 – Survey methodology upgraded with digital tools; sample expanded to 30,000 households.
- 2023 – RBI began feeding RCCS results into Monetary Policy Committee deliberations on inflation targeting.
- 2026 – November round continues the established cycle to capture post‑pandemic consumption trends and impact of recent agricultural reforms.
UPSC relevance, Prelims facts and Mains angle for this issue are in the full SWAदेSH note.
Original report: RBI - Press Releases