UGC Approved Journal no 63975

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 7 Issue 4
April-2020
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2004424


Registration ID:
231129

Page Number

1659-1663

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Title

An Analysis of the close nexus between Savings, Investment and Gross Domestic Product in India

Abstract

This paper examines the relationship between India’s gross domestic product, domestic saving and investment. The ups and downs in domestic saving and investment have its direct impact on the economy’s growth path. For long term sustained development the nation must enhance its saving and investment potentials. Raising the saving ratio is of utmost importance as it improves the liquidity, provides fund for the nations development activities and capital formation. Higher domestic savings also helps to attract foreign investments and also to reduce the gap between saving and investment. As the household sector is the dominant sector that contributes to GDP, saving rate especially financial savings of the households need to be properly pooled and channelized into productive investment avenues. To achieve higher rate of growth with relative price stability, propensity to save and invest should be enhanced through proper policies and incentives.

Key Words

Gross Domestic Product, savings, investment, capital formation

Cite This Article

"An Analysis of the close nexus between Savings, Investment and Gross Domestic Product in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 4, page no.1659-1663, April-2020, Available :http://www.jetir.org/papers/JETIR2004424.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"An Analysis of the close nexus between Savings, Investment and Gross Domestic Product in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 4, page no. pp1659-1663, April-2020, Available at : http://www.jetir.org/papers/JETIR2004424.pdf

Publication Details

Published Paper ID: JETIR2004424
Registration ID: 231129
Published In: Volume 7 | Issue 4 | Year April-2020
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.25164
Page No: 1659-1663
Country: THRISSUR, KERALA, India .
Area: Arts
ISSN Number: 2349-5162
Publisher: IJ Publication


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