Gross National Saving of India

Presented by Alan Jose Manuel MSW: 

Presented by Alan Jose Manuel MSW Gross National Savings for India in the year 2010

CONTENTS: 

CONTENTS Introduction What is Gross National Saving GNS for India for last years GNS in 2010 Conclusion

Introduction: 

Introduction

What is National Saving: 

What is National Saving For people and for the nation, saving means forgoing consumption today so they can enjoy a better standard of living in the future. National saving—the portion of a nation’s current income not consumed—is the sum of saving by households, businesses, and all levels of government. National saving represents resources available for investment to replace old factories and equipment and to buy more and better capital goods.

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National saving is the sum of saving by households, businesses, and all levels of government. National saving represents resources available for investment in the nation’s stock of capital goods, such as plant, equipment, and housing According to Union Foreign Ministry India's gross domestic savings rate increased from 29.8 per cent in 2003-04 to 30.7 per cent in 2007-08

GNS for India in 2010: 

GNS for India in 2010 India's gross domestic product has increased by 7.5 per cent, 9.5 per cent, 9.7 per cent and 9 per cent in the first four years from fiscal year 2004-05 to 2007-08 recording a sustained growth of over 9 per cent for three consecutive years for the first time. India is second fastest growing economy in the world with 7.1 per cent GDP expansion in 2008-09.

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Gross National Savings (% of GDP) for India in year 2010 is 34.69 % This makes India No. 17 in world rankings according to Gross National Savings (% of GDP) in year 2010. The world's average Gross National Savings (% of GDP) value is 18.64 %; India is 16.05 more than the average. In the year, 2009, Gross National Savings (% of GDP) for India was 34.18 % , Gross National Savings (% of GDP) for India in 2010 was 1.50% more than it was in 2009.

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In the year, 2011, Gross National Savings (% of GDP) for India will be 35.53 %, which is 2.43% more than the 2010 figure. GNS is expected to be increase in the coming years

Gross National Savings : 

Gross National Savings

Gross National Savings (% of GDP) for India, in other Years: 

Gross National Savings (% of GDP) for India, in other Years Year   % 2016 43.217 2015 41.738 2014 40.132 2013 38.318 2012 36.455 2011 35.533 2010 34.69

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2009 34.177 2008 32.911 2007 36.658 2006 34.098 2005 32.63 2004 31.06 2003 27.228 2002 25.037 2001 22.515 2000 22.905

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Conclusion

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Question & Discussion

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Thank You