• C.Sumitra Devi
• Prof.A.Sudhakar

The concept of saving plays an important role in economic analysis. Increase in the savings, use of increased savings for financing the increasing required investment, use of the increased investment for a further financing constitute the strategy of economic growth. Economic Growth of any Nation depends upon the Growth rate of its GDP, which is further influenced by Investments in higher rate of capital formation sectors of Production, Technology, Infrastucture, Education etc. India’s savings performance has been quite impressive. Savings is the difference between Income and Expenditure. A high level of savings helps the economy to progress on a continuous growth path since Investment is mainly financed out of savings. Gross Domestic Saving consists of savings of Household sector, Private corporate sector and Public sector. Household sector is the major sector which contributes nearly 73% to total gross savings than the private sector (20%) and public sector (4%). The increase in the rate of investment was made possible by way of an almost proportionate rise in the rate of saving. Saving is therefore, the key factor in achieving a high rate of investment This paper traces the trends in household savings and Factors affecting Indian household savings.The secondary data has been used in the study.

Trends, Household Saving, Gross Domestic Saving, Economy

"A STUDY ON TRENDS OF HOUSEHOLD SAVINGS IN INDIAN ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 2, page no.450-455, February-2018, Available :http://www.jetir.org/papers/JETIR1802072.pdf

"A STUDY ON TRENDS OF HOUSEHOLD SAVINGS IN INDIAN ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 2, page no. pp450-455, February-2018, Available at : http://www.jetir.org/papers/JETIR1802072.pdf