On the fall in Household Savings
Why in the news? The sharp reduction in Household Net Financial Savings and the rise in Household Debt burden are a cause for concern for growth and economic stability. BACK2BASICS: What are household financial savings? Household financial savings refer to currency, bank deposits, debt securities,âmutualâfunds,âpension funds, insurance, and investments in small savings schemes. The total… Continue reading On the fall in Household Savings

