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Sector wise Savings in India- An Analysis

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  • Sivakumar, Marimuthu

Abstract

Capital formation plays a predominant role in all types of economics whether they are developed or developing development is not possible without capital formation.From the classical days, savings has been considered as one of the determinants of growth. To lead the underdeveloped countries to the path of development, rate of savings must be enhanced. For the individuals and households, savings provide a cushion of security against future contingencies, whereas for the nation, savings provide the funds needed in the developmental efforts. Savings is the unspent income. Developing countries such as India need household sectors savings which are very much imperative of the economic development of the nation.

Suggested Citation

  • Sivakumar, Marimuthu, 2023. "Sector wise Savings in India- An Analysis," MPRA Paper 119592, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:119592
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    India- Savings- Household Sector Saving- Capital Formation.;

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity

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