Report
Nikhil Gupta
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MOSL: ECOSCOPE-Gross domestic savings, not financial, matter for the economy

ECOSCOPE: Gross domestic savings, not financial, matter for the economy; Household net financial savings fail to rise in FY19

 

  • India’s FY18 household gross financial savings (GFS) stood at seven-year high of 11% of GDP, but net financial savings (NFS) came in at 7.1% (the second lowest in the past three decades).
  • Household total savings (including physical savings) at 17.6% of the GDP was the lowest in the past two decades, while India’s gross domestic savings (GDS) at 30.5% of GDP was the lowest in the last 15 years.
  • All these numbers have different implications. While the components are relevant for particular industries, consolidated data on GDS is what matters for the economy.

 

Provider
Motilal Oswal
Motilal Oswal

​Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance. 

Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.

Analysts
Nikhil Gupta

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