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Economy

Can policy makers take savers for granted?

Updated : May 29, 2020 06:23 AM IST

The bigger problem for India will be savers change their habits. It is with great difficulty and only in recent years that India has seen financialization of savings.
At some point, the law of diminishing returns will kick in and the saver may abandon bank deposits and flee to gold.
Can policy makers take savers for granted?

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