Savings Rate Down But Healthy At 30%; Uptick In Housing Loans Drives Credit Growth menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
India's household savings, a major contributor for the economic growth, is on the decline since FY12 and is currently averaging at about 30 per cent of the Gross Domestic Product (GDP), said top economists."The current savings rate is 30.2 per .
The common thread that runs through the budgets presented by the NDA government under Prime Minister Narendra Modi during the last 10 years has been a balancing act between growth and social welfare, said a top economist at Anand Rathi Shares .
The idea is to ensure maximum penetration of the schemes and ensure maximum people can gain benefit from it. I am glad to announce that a lot of good work is being done under these schemes across states., , interview, ministry of finance, Minister of State for Finance, Bhagwat Karad