Savings is defined as the difference between income and consumption. The importance of savings cannot be underestimated … formation. A study on the motives & determinants of savings of the population particularly with an annual income between Rs. 90 … objective of financial inclusion in India. The paper discusses in length about the savings rate, motives of savings …

rather than a greater 'effort' to save it. Finally, we find evidence that, while savings during the boom help to increase … post-boom income, the composition of such savings matters. Specifically, in past episodes, savings allocated to foreign … asset accumulation appear to have contributed more to post-boom income than those devoted to domestic investment …

rather than a greater 'effort' to save it. Finally, we find evidence that, while savings during the boom help to increase … post-boom income, the composition of such savings matters. Specifically, in past episodes, savings allocated to foreign … asset accumulation appear to have contributed more to post-boom income than those devoted to domestic investment …

Aggregate savings in any economy, is dependent on a number of inter- dependent variables. For economic planning, the …