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Mint Explainer: What plummeting household savings mean for the economy

September 27, 2023

A high savings rate is a prerequisite for high economic growth

View Full Image Household Saving Falling Household Savings Household Liabilities Financial Savings Indian Households

Source: livemint.com

Did India's Per Capita Income Really Double Since 2014-15? And Is It a Reliable Indicator of Growth?

March 7, 2023

'Per capita income is only an indicator of an average. But the average hides the disbursal. And India has extreme inequality. So, it's not a good indicator of what's happening at the bottom 60-70% of the population,' economist Arun Kumar said.

New Delhi Jayati Ghosh Nagesh Kumar Barun Kumar Industrial Development Institute For

Source: thewire.in

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Falling Incomes News Today

Mint Explainer: What plummeting household savings mean for the economy

Did India's Per Capita Income Really Double Since 2014-15? And Is It a Reliable Indicator of Growth?

Explore More Categories