May 2024
Intermediate to advanced
688 pages
51h 31m
English
Content preview from Business Environment, 1st Edition by Pearson
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Chapter 8: Capital Formation, Savings and Investment | 95 |
savings remained more or less stable as a result of a substantial
increase in the savings of both the private and the public sector,
there was a decline in the share of the household sector in GDS
from 94.3 per cent in 2001–02 to 68.4 per cent in 2006–07.
12
Table 8.4 gives the savings and investment details in India dur-
ing the Ninth and Tenth Five Year Plans.
INVESTMENT
As per The Penguin Dictionary of Economics , “Strictly defi ned,
investment is expenditure on real capital goods… In this sense,
investment is the amount by which the stock of capital of a fi rm or
economy changes, once we have allowed for replacement of capital
which is scrapped.” Real capital goods could refer ...
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