Lok Sabha Question No. 2073 (UNSTARRED), answered on 2017-03-15
Subject: NSSO Findings on Household Assets and Indebtedness
Ministry: STATISTICS AND PROGRAMME IMPLEMENTATION
Asked by: YERRAM VENKATA SUBBAREDDY

## GOVERNMENT OF INDIA

## MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION

## LOK SABHA UNSTARRED QUESTION NO. 2073 TO BE ANSWERED ON WEDNESDAY, THE 15 TH  MARCH, 2017

## NSSO FINDINGS ON HOUSEHOLD ASSETS AND INDEBTEDNESS

2073. SHRI Y.V. SUBBA REDDY:

Will the Minister of STATISTICS AND PROGRAMME IMPLEMENTATION be pleased to state:

- (a) whether it  has  come  to  the  notice  of  the  Government  that  as per NSSO's 70th round on Household Assets and Indebtedness, debt acquired are used more to meet household expenses than creating productive assets and if so, the details thereof;
- (b) whether the said trend is more prevalent among the Scheduled Castes and Scheduled Tribes and if so, the details thereof; and
- (c) the reasons therefor and the steps taken by the Government in this regard?

## ANSWER

## MINISTER  FOR  STATISTICS  AND  PROGRAMME  IMPLEMENTATION  [SHRI D.V. SADANANDA GOWDA]

- (a) and (b):   The National Sample Survey Office (NSSO) conducted All-India Debt and Investment Survey (AIDIS) in 70th Round survey of NSSO during January to December 2013. Based on the results of this survey, estimated percentage distribution of total debt by purpose of loan as on 30.6.2012 for different social groups is given in the statement at Annexure.
- (c): In its survey on Debt and Investment, NSSO has not collected reason for preference of the households for utilization of loans towards different purposes of expenditure. Use of loans by borrower is decided by factors such as item of need, priorities among various needs, etc.

Annexure

## Statement referred to in reply to parts (a) and (b) of Lok Sabha Unstarred Question No. 2073 for 15.03.2017

*****

Statement-I: Estimated  percentage  distribution of total debt as on 30.6.2012 by purpose of loan for each social group

|                         | % share of total debt in   | % share of total debt in   | % share of total debt in   | % share of total debt in   | % share of total debt in   |
|-------------------------|----------------------------|----------------------------|----------------------------|----------------------------|----------------------------|
| purpose                 | ST                         | SC                         | OBC                        | Others                     | all                        |
| (1)                     | (2)                        | (3)                        | (4)                        | (5)                        | (6)                        |
| Rural                   | Rural                      | Rural                      | Rural                      | Rural                      | Rural                      |
| capital expenditure*    | 22.9                       | 21.5                       | 20.6                       | 23.9                       | 21.9                       |
| household expenditure $ | 50.8                       | 63.2                       | 56.3                       | 49.2                       | 54.8                       |
| other expenditure       | 26.3                       | 15.3                       | 23.1                       | 26.9                       | 23.3                       |
| all                     | 100                        | 100                        | 100                        | 100                        | 100                        |
| Urban                   | Urban                      | Urban                      | Urban                      | Urban                      | Urban                      |
| capital expenditure*    | 3.1                        | 5.9                        | 10.1                       | 9.7                        | 9.4                        |
| household expenditure $ | 90.6                       | 87.5                       | 74.2                       | 78.3                       | 77.8                       |
| other expenditure       | 6.3                        | 6.6                        | 15.7                       | 12.0                       | 12.8                       |
| All                     | 100                        | 100                        | 100                        | 100                        | 100                        |