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Reputation: 642,713  •  Sep 25, 2023 6:46 PM
Falling household savings a risk to India’s world-beating growth
Falling household savings a risk to India’s world-beating growth
Indian households' net financial savings have decreased, posing a threat to the government's capital investments. This decline in savings limits resources for the rest of the economy and could require the government to rely on volatile foreign capital. Rising debt levels and stagnant income contribute to this trend, potentially indicating rising inequality.
The Economic Times

https://economictimes.indiatimes.com/news/economy/indicat...
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