79% believe household earnings will dip in FY22 as against FY21: Survey

76% want Centre to cut excise duty on petrol and diesel as high fuel prices hit family budgets, says a Localcircles survey

The second Covid wave, along with overall economic downturn brought about by the pandemic, seems to have hit the consumers and general public hard with as many as 79 per cent of them believing their household earnings will decline in the current financial year (FY22). 49 per cent expect a decline in their savings, a survey showed.

The survey, done by Localcirles, included 70,500 citizens across 382 districts of India. Around 63 per cent of the respondents were men, while 37 per cent were women. 43 per cent respondents were from tier-1 cities, 29 per cent from tier-2 cities and 28