COVID-19 - Retirees tap savings, eat less as living costs soar
India’s headline inflation hit an eight-year high of 7.79 per cent in April.
Source: telegraphindia.com
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India’s headline inflation hit an eight-year high of 7.79 per cent in April.
India's retirees tap savings, eat less as living costs soar
"I can't even think about retired life," said TL Wali, a 66-year old lawyer in Delhi's high court.
Many Indian pensioners rely on savings built over decades for their retirement
Saving rates have dropped as people withdraw more money, , inflation, old age pension, retirement planning, economy growth