'Household debt is Rs 60k in villages, Rs 1.2L in cities'

The average rural household had a debt of just under Rs 60,000 while its urban counterpart had a debt of Rs 1.2 lakh. On the flip side, 35% of rural households were indebted compared to 22% in urban centres, a survey released by the National Statistical office (NSO) on Friday showed.

from Times of India https://timesofindia.indiatimes.com/business/india-business/household-debt-is-rs-60000-in-villages-rs-1-2-lakh-in-cities-nso/articleshow/86102105.cms>ab