Indian History

Gross Savings

Gross Domestic Saving is GDP minus final consumption expenditure. It is expressed as a percentage of GDP. Gross Domestic Saving consists of savings of household sector, private corporate sector and public sector.
    Gross Saving during 2019-20 is estimated at ₹63.86 lakh crore.
    Rate of Gross Saving to GNDI for 2019-20 is estimated at 30.9 per cent.
    Gross Saving of the household sector is estimated at ₹39.91 lakh crore in the year 2019-20.
    The saving of private financial corporations is estimated at ₹2.71 lakh crore in 2019-20'
    Saving of the non-financial corporations is estimated at ₹21.86 lakh crore in 2019-20.
    The saving of General Government is (-) ₹3.71 lakh crore in 2019-20.
Net saving = NNDI-final consumption expenditure + net equity of households on pension funds receivable from abroad + net capital transfers receivable
Net saving + net capital transfers = changes in net worth due to savings and capital transfers
Gross National Income (GNI) for the year 2019-20:Rs. 1,44,27,632 crores at constant prices (2011-12)