The hidden debt behind rural India’s ‘prosperity’

How well rural consumption is doing is subjective. What isn’t subjective is how growing indebtedness, combined with stagnant income growth, is creating a tinderbox for households, banks and consumer companies that no one is talking about.

12 January, 202615 min
2
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
The hidden debt behind rural India’s ‘prosperity’

Why read this story?

Editor's note: This is essential reading for anyone who is interested in the state of the Indian economy. Economists, CEOs and decision makers, make sure you don’t miss this. This story must also be read by anyone who uses the government’s narrative in their work to design strategies for selling a product or service, especially those catering to rural India.

You may also like

Business
Story image

How can India make the most of a bad situation amid Iran war?

Though the war in the Gulf is pinching the Indian economy, things aren’t too bad. But much needs to be done if the situation drags on or worsens, rather than waiting for it to come to pass.

Business
Story image

India’s oldest biscuit brand dwells on consumption trends

After a year of inflation, GST resets and uneven demand, Parle reflects on what still drives India’s mass market consumption.

Business
Story image

2025: A terrific year for macroeconomic management of the economy

The economy grew strongly despite several headwinds, with the policy responses mostly fitting the need. How sustainable is the growth rate, though?