Households ride on leverage, net financial savings hit 5-year low

[ad_1] Household sector’s net financial savings dropped to a five-year low of ₹14.16 lakh crore in 2022-23, as more Indian households increased borrowing from banks and non-banks to boost investments in physical assets. This trend was coupled with increased allocations...

Over one crore households registered for Surya Ghar Yojana: PM Modi

[ad_1] Prime Minister Narendra Modi on Saturday said that more than one crore households have registered for the PM Surya Ghar Yojana, which aims to provide free solar power to low income families.   “Outstanding news! In about a month...

Spending on paan, tobacco, intoxicants increased in last one decade: Govt survey

[ad_1] Consumption of paan, tobacco and other intoxicants has increased with people spending a bigger portion of their income on such products in the last 10 years, according to a survey. The Household Consumption Expenditure Survey 2022-23, released last week,...