India's declining household real income affects surveys and data sets, with rural income upliftment key to alleviate structural drag.

Systematix Institutional Equities report reveals India's declining household real income affecting surveys and data sets, with rural income upliftment key to alleviate structural drag. Real household income, 78% of GDP, suggests gradual recovery; RBI's tightened regulations slow retail loan growth, with credit card loans seeing deceleration. Companies remain cautiously optimistic about rural demand recovery during festive and wedding seasons.

August 24, 2024
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