Published 16:24 IST, January 10th 2024
Is India becoming a spender economy?
The net household financial savings in India have fallen steeply to 5.1 per cent of GDP in 2022-23 from 11.5 per cent in 2020-2021.
![Spender Economy](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/WhatsAppImage2024-01-02at17.16.22-170419913127716_9.webp)
Spender Economy | Image:
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18:09 IST, January 2nd 2024