| Table 5: Small Savings vis-à-vis Some MACRO Economic Variables | |||||||||||
| (Rs.crore) | |||||||||||
| GDP at | Gross Domestic | Household | Share | Share | Share | Gross | Share | ||||
| Year | Current | Savings | Sector | in Gross | Financial | in House | Physical | in House | Small | in House | |
| Market | Savings | Domestic | Assets | hold | Assets | hold | Savings | hold | |||
| Prices | Savings | Savings | Savings | Savings | |||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 1951-2 | 10566 | 985 | (9.3) | 583 | 59.2 | 14 | 2.4 | 569 | 97.6 | 148 | 15.0 |
| 3 | 10366 | 861 | (8.3) | 637 | 74.0 | 72 | 11.3 | 565 | 88.7 | 147 | 17.1 |
| 4 | 11282 | 888 | (7.9) | 655 | 73.8 | 142 | 21.7 | 513 | 78.3 | 155 | 17.5 |
| 5 | 10678 | 1005 | (9.4) | 719 | 71.5 | 282 | 39.2 | 437 | 60.8 | 177 | 17.6 |
| 6 | 10873 | 1370 | (12.6) | 1046 | 76.4 | 429 | 41.0 | 617 | 59.0 | 202 | 14.7 |
| 7 | 12951 | 1584 | (12.2) | 1178 | 74.4 | 333 | 28.3 | 845 | 71.7 | 225 | 14.2 |
| 8 | 13349 | 1384 | (10.4) | 997 | 72.0 | 291 | 29.2 | 706 | 70.8 | 263 | 19.0 |
| 9 | 14874 | 1407 | (9.5) | 1016 | 72.2 | 362 | 35.6 | 654 | 64.4 | 285 | 20.3 |
| 0 | 15675 | 1748 | (11.2) | 1301 | 74.4 | 433 | 33.3 | 868 | 66.7 | 307 | 17.6 |
| 1960-1 | 17167 | 1989 | (11.6) | 1254 | 63.0 | 456 | 36.4 | 798 | 63.6 | 338 | 17.0 |
| 2 | 18196 | 2127 | (11.7) | 1281 | 60.2 | 489 | 38.2 | 792 | 61.8 | 351 | 16.5 |
| 3 | 19566 | 2479 | (12.7) | 1533 | 61.8 | 499 | 32.6 | 1034 | 67.4 | 364 | 14.7 |
| 4 | 22482 | 2763 | (12.3) | 1618 | 58.6 | 743 | 45.9 | 875 | 54.1 | 403 | 14.6 |
| 5 | 26220 | 3129 | (11.9) | 1875 | 59.9 | 714 | 38.1 | 1161 | 61.9 | 434 | 13.9 |
| 6 | 27668 | 3870 | (14.0) | 2602 | 67.2 | 1072 | 41.2 | 1530 | 58.8 | 515 | 13.3 |
| 7 | 31305 | 4375 | (14.0) | 3223 | 73.7 | 864 | 26.8 | 2359 | 73.2 | 527 | 12.0 |
| 8 | 36649 | 4355 | (11.9) | 3210 | 73.7 | 865 | 26.9 | 2345 | 73.1 | 580 | 13.3 |
| 9 | 38823 | 4721 | (12.2) | 3349 | 70.9 | 795 | 23.7 | 2554 | 76.3 | 596 | 12.6 |
| 0 | 42750 | 6104 | (14.3) | 4440 | 72.7 | 919 | 20.7 | 3521 | 79.3 | 657 | 10.8 |
| 1970-1 | 45677 | 6649 | (14.6) | 4634 | 69.7 | 1371 | 29.6 | 3263 | 70.4 | 785 | 11.8 |
| 2 | 48932 | 7367 | (15.1) | 5219 | 70.8 | 1555 | 29.8 | 3664 | 70.2 | 914 | 12.4 |
| 3 | 53947 | 7872 | (14.6) | 5624 | 71.4 | 2128 | 37.8 | 3496 | 62.2 | 1047 | 13.3 |
| 4 | 65613 | 10999 | (16.8) | 7985 | 72.6 | 3612 | 45.2 | 4373 | 54.8 | 1290 | 11.7 |
| 5 | 77479 | 12380 | (16.0) | 8080 | 65.3 | 2374 | 29.4 | 5706 | 70.6 | 1325 | 10.7 |
| 6 | 83269 | 14346 | (17.2) | 9743 | 67.9 | 3918 | 40.2 | 5825 | 59.8 | 1553 | 10.8 |
| 7 | 89739 | 17408 | (19.4) | 11849 | 68.1 | 4852 | 40.9 | 6997 | 59.1 | 1716 | 9.9 |
| 8 | 101597 | 20142 | (19.8) | 14354 | 71.3 | 5853 | 40.8 | 8501 | 59.2 | 2033 | 10.1 |
| 9 | 110133 | 23676 | (21.5) | 17015 | 71.9 | 6658 | 39.1 | 10357 | 60.9 | 2563 | 10.8 |
| 0 | 120841 | 24314 | (20.1) | 16690 | 68.6 | 6081 | 36.4 | 10609 | 63.6 | 2918 | 12.0 |
| 1980-1 | 143764 | 27136 | (18.9) | 19868 | 73.2 | 8610 | 43.3 | 11258 | 56.7 | 3119 | 11.5 |
| 2 | 168600 | 31355 | (18.6) | 21225 | 67.7 | 9614 | 45.3 | 11611 | 54.7 | 4006 | 12.8 |
| 3 | 188262 | 34368 | (18.3) | 23216 | 67.6 | 12739 | 54.9 | 10477 | 45.1 | 4362 | 12.7 |
| 4 | 219496 | 38587 | (17.6) | 28165 | 73.0 | 13294 | 47.2 | 14871 | 52.8 | 5558 | 14.4 |
| 5 | 245515 | 46063 | (18.8) | 35067 | 76.1 | 17879 | 51.0 | 17188 | 49.0 | 7123 | 15.5 |
| 6 | 277991 | 54167 | (19.5) | 39795 | 73.5 | 18538 | 46.6 | 21257 | 53.4 | 8594 | 15.9 |
| 7 | 311177 | 58951 | (18.9) | 45072 | 76.5 | 23336 | 51.8 | 21736 | 48.2 | 8302 | 14.1 |
| 8 | 354343 | 72908 | (20.6) | 59157 | 81.1 | 26820 | 45.3 | 32337 | 54.7 | 9591 | 13.2 |
| 9 | 421567 | 82913 | (19.7) | 70657 | 85.2 | 27183 | 38.5 | 43474 | 61.5 | 12619 | 15.2 |
| 0 | 486179 | 106979 | (22.0) | 86955 | 81.3 | 37998 | 43.7 | 48957 | 56.3 | 16875 | 15.8 |
| 1990-1 | 568674 | 131340 | (23.1) | 109897 | 83.7 | 49640 | 45.2 | 60257 | 54.8 | 18016 | 13.7 |
| 2 | 653117 | 143908 | (22.0) | 110736 | 76.9 | 62101 | 56.1 | 48635 | 43.9 | 17238 | 12.0 |
| 3 | 748367 | 162906 | (21.8) | 131073 | 80.5 | 65367 | 49.9 | 65706 | 50.1 | 17735 | 10.9 |
| 4 | 859220 | 193621 | (22.5) | 158310 | 81.8 | 94738 | 59.8 | 63572 | 40.2 | 24077 | 12.4 |
| 5 | 1012770 | 251463 | (24.8) | 199358 | 79.3 | 120733 | 60.6 | 78625 | 39.4 | 34667 | 13.8 |
| 6 | 1188012 | 298747 | (25.1) | 216140 | 72.3 | 105719 | 48.9 | 110421 | 51.1 | 32748 | 11.0 |
| 7 | 1368209 | 317261 | (23.2) | 233252 | 73.5 | 141661 | 60.7 | 91591 | 39.3 | 33612 | 10.6 |
| 8 | 1522547 | 352178 | (23.1) | 268437 | 76.2 | 146777 | 54.7 | 121660 | 45.3 | 46935 | 13.3 |
| 9 | 1740985 | 374659 | (21.5) | 326802 | 87.2 | 180346 | 55.2 | 146456 | 44.8 | 55820 | 14.9 |
| 0 | 1936831 | 468681 | (24.2) | 404401 | 86.3 | 205743 | 50.9 | 198658 | 49.1 | 69695 | 14.9 |
| 2000-1 | 2089500 | 490049 | (23.5) | 452268 | 92.3 | 216774 | 47.9 | 235494 | 52.1 | 79311 | 16.2 |
| 2 | 2271984 | 532274 | (23.4) | 513110 | 96.4 | 253964 | 49.5 | 253964 | 49.5 | 81753 | 15.4 |
| 3 | 2463324 | 642298 | (26.1) | 574681 | 89.5 | 254439 | 44.3 | 320242 | 55.7 | 105601 | 16.4 |
| 4 | 2760025 | 776420 | (28.1) | 671692 | 86.5 | 314261 | 46.8 | 357431 | 53.2 | 135970 | 17.5 |
| 5 | 3105512 | 158519 | |||||||||
| 0 | 1958814 | 487301 | (24.9) | 416726 | 85.5 | 206602 | 49.6 | 210124 | 50.4 | 69695 | 14.3 |
| 2000-1 | 2107661 | 496272 | (23.5) | 446317 | 89.9 | 215219 | 48.2 | 231098 | 51.8 | 79311 | 16.0 |
| 2 | 2281305 | 537966 | (23.6) | 502674 | 93.4 | 247476 | 49.2 | 255198 | 50.8 | 81753 | 15.2 |
| 3 | 2449736 | 648994 | (26.5) | 565408 | 87.1 | 253256 | 44.8 | 312152 | 55.2 | 105601 | 16.3 |
| 4 | 2760224 | 797512 | (28.9) | 648634 | 81.3 | 316444 | 48.8 | 332190 | 51.2 | 135970 | 17.0 |
| 5 | 3121414 | 907416 | (29.1) | 687079 | 75.7 | 320777 | 46.7 | 366302 | 53.3 | 158519 | 17.5 |
| 6 | 3531451 | 170421 | |||||||||
| Note: Figures in brackets are percentage to GDP | |||||||||||
| Source: EPWRF(2004), National Accounts Statistics of India 1950-51 to 2002-03, EPW Research Foundation December | |||||||||||
| RBI (2005), Handbook of Statistics on The Indian Economy 2004-05, Reserbe Bank of India, September 9. | |||||||||||