Understanding the fall in household savings Subject: Economy Section: National Income Context: Recently released data showed that the Household sector’s savings in financial assets has shown a sharp decline to 5.1 per cent of GDP in 2022-23. Key Points:  From 2011-12 to 2019-20, the financial savings of the household sector have moved in […]

    How to measure India’s growth Subject :Economy Section: National income Key Points: While the recently released economic growth numbers for India are promising, there is some sub-text that needs to get the correct and more realistic picture of India’s economic performance. Some of the major concers are:  inflationary pressures, a falling rupee, fluctuations […]