Leadership

SAVINGS BEHAVIOUR IN INDIA: AN EMPIRICAL STUDY Md.Abdus Salam and Umma Kulsum (Authors be Faculty Member and search Fellow Respectively in the Department of frugals, AMU, Aligarh) Introduction Economic Survey (1999-2000) presented by pay Minister in fan tan on February 28, 2000 has provided pursuiting insights that virtuousness very(prenominal) careful attention. According to the field the growth cast of Indian Economy during 1999-2000 had been estimated at 5.9 per cent. industrial growth had attach by 6.2 per cent in April Dec. 1999. swelling rate (WPI) has record an only time low of 2.9 per cent as on January 29,2000. For ex reserve has add-ond from 29522 US$ to 31941 US$ during 1998-99 and 1999 respectively. plot in a higher place all these reflected fairly grand growth. The major failure, however, has been the scam settle in agricultural yield and the steady increase in fiscal deficit. The agricultural production, which save a sneak of 7.4 per cent during 1998-99, has declined by 2.2 per cent. The production of diet grains has decreased from 203 cardinal tonnes in 1998-99 to 199.1 million tonnes during 1999-2000. Increase in government expending cod to the Kargil War, cyclone in Orissa, election in 1999 and Fifty commit centering implementation culminated in the fiscal deficit at Rs.

108898 crore in 1999-2000 and estimated to be Rs. 111275 crore during 2000-2001. Budget 2000-2001 proposals to sunburn in GPF interest rate, increase in surcharge on income above Rs. 1.50 lakhs from 10 per cent to 15 per cent, increase in prices PDS articles and PDS sugar extinct of execute for income Tax assess give have a check bearing on private in oecumenic and on the salaried sections in particular. It is pass judgment that above all cumulatively badly effect the internal frugalitys. The concept of saving plays an classical role in economical analysis. Saving is outlined as the difference between income and consumption. During pre-Independence effect in India, great give care spent most of their income...If you penury to get a richly essay, order it on our website: Ordercustompaper.com

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