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March 2009

Who Saves Most in Urban India?
24 March 09 | Mint
Abstract:
When there is high uncertainty about income flows, precautionary savings take precedence over satisfaction of present consumption needs. Read more

An Unreal Infrastructure Policy
23 March 09 | The Hindu
Abstract:
Infrastructure must be expanded to foster growth. But, till date, few effective steps have been taken given the consensus that infrastructure is a key constraint for economic growth, one would expect infrastructure policy to receive a lot of attention. Read more