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TMI BlogGross Domestic Saving RateX X X X Extracts X X X X X X X X Extracts X X X X ..... Gross Domestic Saving Rate X X X X Extracts X X X X X X X X Extracts X X X X ..... t in 2012-13 (the latest year for which data is available). The major reasons for the decline in the rate of gross domestic savings include; moderation in the profit of the private corporate sector, g ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reater dissaving of public authorities in 2011-12 and decline in household savings, in particular, financial savings, largely on account of persistent inflation. The Union Budget 2014-15 proposed mea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sures to revitalize savings, especially of the households that, inter alia, included; raising the investment limit under Section 80C of the Income Tax Act from ₹ 1 lakh to ₹ 1.5 lakh and r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aising the income tax exemption limit by ₹ 50000 for individual taxpayers. Kisan Vikar Patra has been re-launched to mobilize small savings. The launch of "Pradhan Mantri Jan Dhan Yojana" would ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... contribute to greater financial inclusion and better mobilization of household financial savings. Greater public saving is sought to be achieved, inter alia, through efforts at fiscal consolidation. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... This was stated by Shri Arun Jaitley, Finance Minister in written reply to a question in the Lok Sabha today. X X X X Extracts X X X X X X X X Extracts X X X X
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