Indian households, govt amass debt while India Inc. avoids loan trap
The core debt of Indian Non-Financial Corporates reduced from 58.3% to 52.3% of GDP, while government debt moved up from 69.5% to 82.4% of GDP in the last 5 years.
household debt
January 2023
January 2022
Households amass debt amid Covid-19 while corporate debt declines
Indian household core debt has gone up from 32.9% of GDP to 35.8% of GDP between 2016 and June 2021.
