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6) Policymakers have long been frustrated by the fact that Indian household savings are disproportionately directed towards unproductive assets such as gold, rather than channelled into formal financial markets. Examine why household savings should be channelled into formal financial markets. What measures has government taken in this regard?

TopicResource mobilization

6) Policymakers have long been frustrated by the fact that Indian household savings are disproportionately directed towards unproductive assets such as gold, rather than channelled into formal financial markets. Examine why household savings should be channelled into formal financial markets. What measures has government taken in this regard?

The Indian Express

CategoriesINSIGHTS