Hi Sachin, this means that fewer people are spending on non-essential items. In RBI's survey, participants are asked about their current perception of spending—whether it has increased or decreased. The chart reflects the net response, which is the difference between the percentage of people reporting higher spending and those reporting lower spending.
A negative net response shows that more people are cutting back on non-essentials, while a positive value suggests that spending is increasing.
"At the industry level, total assets under management (AUM) grew to ₹68 lakh crore, marking a 1.2% increase despite the market downturn. Here’s how the money is distributed across different types of funds:"
The data under this is not consistent with the what is stated in the paragraph.
great information, so detailed, thankyou so much!
What does negative household spending : non essential signify?
Hi Sachin, this means that fewer people are spending on non-essential items. In RBI's survey, participants are asked about their current perception of spending—whether it has increased or decreased. The chart reflects the net response, which is the difference between the percentage of people reporting higher spending and those reporting lower spending.
A negative net response shows that more people are cutting back on non-essentials, while a positive value suggests that spending is increasing.
"At the industry level, total assets under management (AUM) grew to ₹68 lakh crore, marking a 1.2% increase despite the market downturn. Here’s how the money is distributed across different types of funds:"
The data under this is not consistent with the what is stated in the paragraph.
Blame CRISIL for poor formatting :(