The survey also found that 70 per cent of earners in the annual income bracket of more than Rs.400, 000 borrowed from institutional sources as compared with only 27.5 per cent in the case of earners in the income bracket of less than Rs.50,000.
Causes of increased indebtedness from non institutional sources A very interesting analysis by the RCF shows that the major reason for increase in the overall household debt and the increase in the share of households indebted to noninstitutional sources between 1991 and 2002 was a significant increase in current farm expenditure and household expenditure, especially in rural areas.