To provide the numerical context of indebtedness, Mint used data and analysis from the Invest India Incomes and Savings Survey 2007, produced by IIMS Dataworks. The survey provides the first 360-degree view of the financial behaviourand future investment intentions of the Indian workforce.
According to the survey, there are 321 million paid workers in India. Mint featured key findings from the survey through July last year in a series called India Unveiled. This year, IIMS Dataworks has sliced its data by states to provide insights on financial behaviour of Indians across states. Through the next month, Mint will run articles based on this data.