rbi speech, 2006-11-07
Indeed, the turnaround in public sector savings of 4.2 percentage points - from a negative 2.0 per cent of GDP in 2001-02 to a positive 2.2 per cent in 2004-05 - has been the predominant factor in improvement of overall savings to above 29 per cent and of investment rate to above 30 per cent.
Sentiment: neutral
Topic: fiscal_policy