Government of India Ministry of Finance Economic Survey 98-99

General Review

TABLE 1.3

Savings and Investment

 

1993-94

1994-95

1995-96

1996-97(P)

1997-98(Q)

(As per cent of GDP at current market prices)

Gross Domestic Savings

21.8

24.2

24.1

24.4

23.1

Public

0.5

1.5

1.9

1.5

1.0

Private

21.3

22.7

22.2

22.9

22.1

Household sector

17.9

19.3

17.4

18.8

18.3

Financial savings

10.8

11.6

8.2

9.8

10.3

Physical savings

7.1

7.7

9.3

9.0

8.0

Gross Domestic Investment*

22.4

25.4

25.8

25.7

24.8

Public

8.1

8.5

7.4

6.7

7.0

Private

12.7

14.4

18.2

16.5

16.4

Gross Domestic Investment*

22.4

25.4

25.8

25.7

24.8

GFCF

20.9

21.4

23.8

23.2

22.9

Change in stocks

20.9

21.4

23.8

23.2

22.9

Saving-Investment Gap@

-0.6

-1.2

-1.7

-1.3

-1.7

Public

-7.6

-7.0

-5.5

-5.2

-6.0

Private

8.6

8.3

4.0

6.4

5.7

Note     : (i) Gross domestic investment denotes Gross Domestic Capital Formation (GDCF)
                (ii) Figures may not add up due to rounding off
*           : adjusted for errors and omissions;
@         : refers to the difference between the rates of savings and investment
GFCF   : Gross Fixed Capital Formation;   
P          : Provisional estimates;   Q : Quick estimates
Source : Central Statistical Organisation

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