Saving and Investment: How Buoyant?


Saving and Investment: How Buoyant? The latest official estimates of domestic saving and investment, which suggest a dramatic improvement from around 24-25 per cent of the gross domestic product (GDP) in the period 1994-95 to 2001-02 to as much as 28 per cent of GDP (savings) and 26 per cent of GDP (investment) in 2003-04, actually raise more questions than provide definite answers. There are two crucial questions