Leadership

SAVINGS BEHAVIOUR IN INDIA: AN EMPIRICAL STUDY Md.Abdus Salam and Umma Kulsum (Authors be Faculty Member and look for Fellow Respectively in the Department of scotchs, AMU, Aligarh) Introduction Economic Survey (1999-2000) presented by pay Minister in fantan on February 28, 2000 has provided pursuiting insights that virtuousness genuinely careful attention. According to the pot the growth cast of Indian Economy during 1999-2000 had been estimated at 5.9 per pennyime. industrial growth had attach by 6.2 per cent in April Dec. 1999. pompousness rate (WPI) has record an all in all time low of 2.9 per cent as on January 29,2000. For ex reserve has plusd from 29522 US$ to 31941 US$ during 1998-99 and 1999 respectively. plot higher up all these reflected fairly dramatic growth. The major failure, however, has been the scam ruin in agricultural result and the steady increase in monetary deficit. The agricultural production, which record a sneak of 7.4 per cent during 1998-99, has declined by 2.2 per cent. The production of fodder grains has decreased from 203 cardinal tonnes in 1998-99 to 199.1 million tonnes during 1999-2000. Increase in government expending overdue to the Kargil War, cyclone in Orissa, election in 1999 and Fifty commit complaint 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 spread out 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 spend a penny for income Tax assess forget have a guide bearing on individual in oecumenic and on the salaried sections in particular. It is anticipate that above all cumulatively badly effect the home(prenominal) frugalitys. The concept of saving plays an burning(prenominal) role in stinting analysis. Saving is outlined as the difference between income and consumption. During pre-Independence distributor point in India, great involve spent most of their income...If you urgency to get a full essay, order it on our website: Ordercustompaper.com

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