ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Saving and Investment Estimates

The CSO's latest estimates of savings and investment in 2003-04 suggest that India no longer faces a constraint on domestic savings. However, there is a need to be careful before coming to such conclusions. A close examination of the estimates suggests that they project an exaggerated scenario of high domestic savings and investment. The numbers are the result of a faulty system of estimation which was to be discarded long ago. The estimates for 2003-04 thus reopen the many misgivings estimation procedures have raised in the past.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top