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Last Updated Last Updated : Feb 10, 2020 10:23 AM IST | Source: Moneycontrol.com

The fall in the savings rate is a symptom of a deeper problem

A decade ago, investment and exports powered India’s growth, while the share of consumption in GDP declined; in recent years, however, consumption has been the only growth engine and even that is now faltering

Manas Chakravarty

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