Impact of Price Rise on Savings - Dated - 13-12-2013 - Gross domestic savings of the household sector increased from Rs. 1832901 crore in 2010-11 to Rs. 2003720 crore in 2011-12 (the latest year for which data on savings are available). However, as a ratio of GDP at current market prices, gross domestic savings of the household sector declined from 23.5 per cent in 2010-11 to 22.3 per cent in 2011-12. High level of inflation might have affected the real rate of return on financial savings. Sever................................... - News
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