Now, I would like to paint the scenario that will emerge in our country in the next few years and some preparations that all of us as savers should be undertaking.
For a very long period, more specifically in our own living memory of the post-Independence era, India had been going through high inflationary period; of course, thankfully, we never had the hyper inflationary periods like in several African or South American countries; but certainly, our experience of inflation was in high single digits to teens and hence inflationary expectations were very well entrenched.