Categories: BUSINESS

Aging population : CEA Nageswaran urges long-term savings for India’s elderly; warns of demographic shift

Chief Economic Advisor V Anantha Nageswaran underscored the critical need for long-term savings to ensure financial security, anticipating India’s elderly population will significantly expand by 2050. He stressed a mindset shift towards financial planning due to changing lifestyles, noting government efforts also enhance household saving capacity.
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