Opinion | A case of wilful spenders turning into forced savers4 min read . Updated: 14 Jun 2020, 09:16 PM IST
A consumption led recovery can’t be counted upon but a rise in savings could help fund fiscal spending
As India unlocks, consumers are likely to unleash a wave of pent-up spending that will send retailers scrambling to restock their shelves and bolster manufacturing activity. But how long will this burst of demand last? And then what?
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