According to latest data, over the past six years, India’s savings rate has been considerably declining.
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Unknown titleemptions. In a study on the subject my colleagues and I found that households respond to tax incentives and save in instruments that give them benefits. These will also be impacted,” she noted. <span>According to latest data, over the past six years, India’s savings rate has been considerably declining. At the height of India’s growth phase in 2012, the overall saving rate was around 36% but it is now down to 30%. Talking about the ‘Vivad Se Vishwas Scheme’, Mr. Kumar said the aim of t Summary
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