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NSO releases the All India Debt & Investment Survey

  • Published
    20th Sep, 2021

GS-III: Economy

  • Economic Sector, Growth & Development
Context

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation recently released the latest survey on All India Debt & Investment Survey conducted as a part of 77thround of National Sample Survey (NSS).

Prelims question:

With reference to All India Debt & Investment Survey, consider the following statements:

  1. It is conducted by National Statistical Office (NSO).
  2. As per the latest survey, incidence of indebtedness was higher in urban households as compared to rural households.

Which of the above statement(s) is/are correct?

  • A.
  • B.
  • C.
  • D.

Mains Question:

Households in rural India have faced the severe brunt of the COVID-19 pandemic. In this regard, discuss the effect of depressed household demand on the broad economy of India. Also, suggest measures that need to be taken to ensure swift recovery in the rural economy. (250 Words)

Approach:

  • In the introduction, give a brief overview about how COVID-19 affected rural households, like increase in debt etc.
  • Enumerate the effect of depressed households on the Indian economy.
  • List measures taken by Government for swift recovery of Rural economy
  • Enumerate measures that can be taken to revamp rural economy
  • Conclusion

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