Indian families half ... Rs. Under a debt pile of Rs 75 lakh crore

-


MUMBAI: Indian households' debt rose to Rs. 2 lakh crore has been reached. The Kovid-12 epidemic has widened the gap between household debt and GDP. According to the report, these qualities declined to 9 per cent at the end of the June quarter, rising sharply to 7.5 per cent at the end of FY2021 and 4.5 per cent in FY2017-20.

SBI's research report said, "We believe that in terms of percentage of household debt, household debt fell to 9 per cent in the June quarter, in line with the growth in the first quarter, although it increased in volume." The rupee has reached Rs 4.5 lakh crore at the end of FY21.

According to the research report, the average debt burden on rural and urban households has increased by 3% and 6% respectively for the six-year period ended in 2017.

As far as the states are concerned, the average debt of rural households has more than doubled in the six-year period ended in 2012 in 16 states. Importantly, the average debt of urban and rural households has doubled during this period in five states, including Maharashtra, Rajasthan and Assam. According to the Chainghainji Report 2016, the average debt of rural households was Rs 4.5 lakh and that of urban households was Rs 1.50 lakh.

According to SBI's research report, rural household debt increased to Rs. 1.15 lakh and the debt of urban families is Rs. It is expected to reach 2.5 lakh, which shows that the Koro epidemic has significantly increased the number of families. The debt-to-asset ratio, which is an indicator of family debt, has risen from 7.5 per cent in 2012 to 7.5 per cent in 2016.

The ratio of urban households has increased from 7.5 to 7.5. Kerala, Madhya Pradesh and Punjab are the three states where the debt-to-asset ratio has declined by at least 1 per cent in the six-year period ended in 2016.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se
Read more