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| Name | How High Debt in Indian Households Could Spell Bad News For the Economy | The Quint |
| Video Uploader | Video From The Quint |
| Upload Date | This Video Uploaded At 20-04-2024 05:30:25 |
| Video Discription | "India's household debt has risen to approximately 40 percent of its GDP as of December 2023," a report by financial services company Motilal Oswal stated in a report that was published last month. This means that the total of all outstanding loans in the Indian economy is equal to nearly 1.6 trillion dollars. Low savings, rising inflation and sluggish growth in real wages of 80% of India's income earners have only made matters worse. How? Watch the full video to find out. Video: The Quint Music: BMG Support The Quint's independent journalism. Become a member now: https://www.thequint.com/plan-selection?utm_source=youtube&utm_medium=social_tq Join this channel to get access to perks: https://www.youtube.com/channel/UCSaf-7p3J_N-02p7jHzm5tA/join __________________ SUPPORT OUR CAMPAIGNS: https://www.thequint.com/special-projects?utm_source=youtube&utm_medium=social_tq _________________________________ For all things, Bollywood, Health, Food and Fun subscribe: https://www.youtube.com/@QuintNeon _________________________________ Check out The Quint for more news: https://www.thequint.com The Quint in Hindi: https://hindi.thequint.com For more videos, subscribe to our YouTube channel: http://bit.ly/2aIcith You can also follow The Quint here: Facebook: http://bit.ly/1RXYIg5 Twitter: http://bit.ly/1tjFuxI Instagram: http://bit.ly/1Piyc18 |
| Category | News & Politics |
| Tags | quint news | the quint | india loans | home loans | political news | quint videos | india news | personal loans | inflation | NEWS | viral video | quint shorts | indian economy | economy | motilal oswal |
