🐷 Why India Needs A Bigger Piggy Bank
Published by OOPSONLINE.IN · Source: Livemint · 1 min read · · Updated
👀 OOPS SAYS
India is currently going through the macroeconomic equivalent of skipping the daily latte, except their savings goal is a casual upgrade to the entire nation's infrastructure, technology, and housing.
What actually happened
A higher gross domestic savings rate is particularly important for India because sustaining 7-8% growth will require continued investment in infrastructure, manufacturing capacity, energy, technology, housing and human capital.
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