26.64 percent of rural population has no savings: InM survey
Institute for Inclusive Finance and Development (InM) has found in a survey that a large portion of the rural population of the country is unable to save as people’s income could not keep pace with the pressure of long-term inflation. According to the information of a survey, 26.64 percent of the people in rural areas have no formal or informal savings of any kind. That is, after meeting the necessary expenses they do not have the ability to save money for the future in their hands.