The Centre’s debt-GDP ratio increased to 64.3% in 2020-2021 (RE) (Reserve Bank of India, 2021). Whereas household debt to GDP rose from 35.4% in the first quartile of 2020-2021 to 37.1% in the second quartile of 2020-2021 (Reserve Bank of India, 2021).

References:

Reserve Bank of India (2021). Press Releases. RBI Bulletin-March 2021. Government of India. Available from: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=51299