• Patel Hard Ujjval

ABSTRACT Aim: The purpose of this paper is to understand the savings of urban households with special reference to the state of Gujarat in India. Methodology: This study is based on secondary information related to various published articles in journals, thesis, Reserve Bank of India (RBI) Bulletin and survey reports and statistics had been reviewed. Overview of household savings and India and Gujarat: The Covid-19 global pandemic and its associated repression measures greatly affected the Indian economy. The drop in overall banking business indicates that the circulation of money in the economy and business turnover has slowed down. However, RBI Bulletin 2021 revealed that the aggregate savings increased during the pandemic. Conclusion: The study concluded that household savings being an important aspect of financing for the Indian economic growth is important in the context of the policy effort.

Urban, household, savings

"Relationship between Age and Household Savings in India: Special reference to Gujarat.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 9, page no.d864-d870, September 2021, Available :http://www.jetir.org/papers/JETIR2109396.pdf

"Relationship between Age and Household Savings in India: Special reference to Gujarat.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 9, page no. ppd864-d870, September 2021, Available at : http://www.jetir.org/papers/JETIR2109396.pdf