Economics In India: A Look at Saving and Investing Patterns
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India's economy has strong saving investment rates, a large population, and increasingintegration with the global economy, all of which bode well for its long-term growth prospects. To invest isto transform cash or money into an asset or a claim on future money with the expectation of a return. Itentails investing one's savings or accumulated capital into the production of new assets or the purchase ofpreexisting ones. In the current financial market, investment has become complicated and it is both an artand a science. The variables that measure the growth of any economy are income, savings, andinvestments. While investment is the most critical factor for developing an economy, savings provide thebasis for investment. The researcher is interested in studying saving and investment trends of individualand investment schemes selected by investors.
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