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India's household debt soars to 32.3% of GDP, savings hit 50-year low - The Hindu BusinessLine
Source: Buzz FX / 10 Mar 2025 13:02:25 America/New_York
India ranks second globally in household debt (excluding mortgages) at 32.3% of GDP. This video examines how stagnant incomes and rising costs are forcing Indians to borrow for daily consumption, driving household savings to a 50-year low.
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