Rising debt strains household savings

Household net financial savings to GDP ratio have declined due to increased borrowing and structural shifts rather than a mere change in savings pattern”, write Zico Dasgupta and Srinivasan Raghavendra, in The Hindu.

The Hindu-23 May 2024

Zico Dasgupta and Srinivasan Raghavendra are faculty members at Azim Premji University.

The content and opinions expressed are those of the author(s) and do not necessarily reflect the views of Azim Premji University.