Domestic Savings and Economic Growth in India

Download or read book Domestic Savings and Economic Growth in India written by Nazia Iqbal Hashmi and published by . This book was released on 2018 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: A brief look at the prime macroeconomic variables affecting economic growth in the country confirms the key role of the Gross Domestic Savings in the process. This paper is an attempt to study the causal relationship between domestic saving and economic growth and the overall trend in gross domestic savings over the course of planned development in India. The empirical study confirms the existence of bi-directional granger causality between domestic savings rate and GDP growth for India.