Household Savings in India: An Empirical Analysis
Corresponding Author(s) : Jessica Anthony
pramod.joshi@gipe.ac.in
Artha Vijñāna,
Vol. 67 No. 3 (2025): VOL. LXVII NO. 3
Abstract
Household saving is India’s major source of financing the investment. It is crucial for sustainable growth. This study empirically examines the determinants of gross household savings in India with a focus on impact of economic and financial uncertainty. The findings highlight the sensitivity of household savings to financial market dynamics in India and significance of maintaining macroeconomic and financial stability along with other measures for growth and inclusive prosperity
Keywords
Asset price
autoregressive distributed lag
dynamic ordinary least squares
growth
household savings
stability