India’s savings rate has decreased since the global crash of 2008

Mumbai: As the Indian economy continues to slow, the concern is rising over a lack of resources in the economy to fund a revival of investment and business activity. These worries have been exacerbated by the dramatic fall in the economy's domestic saving rate, which defines how much domestic funds government and businesses can tap for investment.

Both the old and the new data from the GDP series indicate that the savings rate ha....