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Asian Journal of Management
Year : 2018, Volume : 9, Issue : 1
First page : ( 64) Last page : ( 68)
Print ISSN : 0976-495X. Online ISSN : 2321-5763.
Article DOI : 10.5958/2321-5763.2018.00010.0

An Impact of Socio-Economic Factors on Saving Behaviour of Individuals

Ms. Bhatia Gagneet K.1,*, Dr. Tyagi Meenakshi2

1Research Scholar, Mewar University, Chittorgarh, Rajasthan

2Assistant Professor-MBA, KIET Group of Institutions, Ghaziabad, UP

*Corresponding Author E-mail: gagneet.iimt@gmail.com

Online published on 2 June, 2018.


Saving is a very important component which is responsible for meeting or helps in preventing any emergency met by the individuals or the households or any other users, as well as essential for capital formation of any Economy. Savings is defined as the amount of money which we keep aside from our income. Saving is a significant macroeconomic variable which is studied under the economic scenario of any individual as well as household. In a developing country like India, where the income standard is almost uncertain which leads to more consumption and less Saving is a Major problem of our economy. If saving is low, then the investment will also be low resulting in low capital formation. In this paper an attempt is made to determine the Socio-Economic factors which affect the saving pattern of People in Delhi during Inflation. For analyzing the effect a questionnaire was prepared to study the impact of income, family Size etc. The sample selected involved 50 Respondents. Regression Analysis was used to analyze the rating given by the respondents. Findings revealed that people earning low income have less savings because major part of their income is contributed in fulfilling their basic needs.



Savings, Socio-Economic, Factors, Inflation, Economic Development.


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