The income of rural households in India has seen a significant rise of 57% from 2016-17 to 2021-22, according to a NABARD survey. The average monthly income increased from ₹8,059 to ₹12,698 during this period. Alongside this, household expenditure, savings, and debt have also seen changes.

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• Rural household income rose from ₹8,059 to ₹12,698.
• Household expenditure grew from ₹6,600 to ₹11,200.
• Savings increased from ₹9,100 to ₹13,200.
• 66% of households reported savings in 2021-22, up from 50.6%.
• Proportion of households with debt rose from 47% to 52%.
• Financial growth observed across key rural economic indicators.
• Survey highlights improving financial inclusion in rural areas.
• Increased debt signals a rise in credit accessibility.
• NABARD conducted the second All India Rural Financial Inclusion Survey.
• Data reflects trends affecting millions in rural India.