Even Before Pandemic, Debts Had Soared By 84% In Rural & 42% In Urban India
The pandemic-led economic crisis has exacerbated the rising indebtedness among India's poor households, and could push more families into a debt trap
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- Rakshith S. Ponnathpur
Rakshith S. Ponnathpur works as a research associate in the Household Finance Research Initiative at Dvara Research. With inputs from Misha Sharma, practice head, at the same initiative.