Recent changes in household finances in India are worrisome says Motilal Oswal report

New Delhi [India], August 20 (ANI): Over the past decade, India has witnessed major changes in household financial behaviour, with some alarming trends emerging says a report by Motilal Oswal on household finances in India a sign of distress or optimism.

The report says, the share of Private Final Consumption Expenditure (PFCE) has increased nearly every year, rising from a low of 68.5 per cent of Personal Disposable Inco