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Akshat kumar Jain

Front end developmen... • 4m

Indian household debt has skyrocketed, reaching Rs 120 trillion in March 2024, a 56% increase since June 2021. This has pushed the debt-to-GDP ratio to 42.9%, raising concerns about consumer spending. With housing loans comprising 30% and vehicle loans 10% of the total debt, and consumption loans growing significantly, rising interest rates are adding to the financial strain. This will push the inflation rate more and surely RBI will have to increase the repo rate. Will we see a decline in consumer spending. Will it affect the new age Startups.

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Havish Gupta

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Why do you think that in the last 2 years, the Number of Instant Loan Startups have skyrocketed, and also almost every company have started to provide loans? Like what happened in this period that have helps these companies dicide whom to give loans

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Dinesh Babu

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HOW CAN WE INCREASE THE SPENDING POWER OF INDIAN MIDDLE CLASS ? MY OPINION " REMOVE INCOME TAX , SO PEOPLE WILL HAVE EXTRA MONEY TO SPEND. AND GOVERNMENT WILL EARN MORE IN GST AND OTHERS IF PEOPLE SPEND AND INVEST THAT EXTRA MONEY MONEY

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Neha

Power has to be Earn... • 29d

Will be forever in debt to the army, JAI HIND 🇮🇳.

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Anonymous

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SEBI will increase the trading hours ?

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Omkart

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