The limits of household stability
India’s growth story rests on aggregate comfort, but a closer look shows households saving less, borrowing more, and absorbing risks once shared more broadly; beneath stable growth and steady consumption, a growing fragility builds in household finances
India’s growth story rests on aggregate comfort, but a closer look shows households saving less, borrowing more, and absorbing risks once shared more broadly; beneath stable growth and steady consumption, a growing fragility builds in household finances
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