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Economy

Fall in household savings not a worry as of now, says former chief statician Pronab Sen

Updated : February 04, 2020 12:58 PM IST

The year 2017-2018 was a very unusual - the post-demonetisation year. In that year, the gross savings went up because all of us simply transferred our tax reserves into the banking system.
As far as household savings are concerned they have not fallen. What has fallen is corporate savings are down and government savings are down.

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