ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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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

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