Indian Journal of Health and Wellbeing

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Measuring the Impact of Changes in Financial Assets and Financial Liabilities on the Household Sector Savings


Affiliations
1 Department of Agrieultnre Eeonomies CeSHAU, Hisar, Haryana, India
2 Government College, Haryana, India
3 Department of Agrieultnre Eeonomies, CeSHAU, Hisar, Haryana, India
4 HSB, GJUS&T, Hisar, Haryana, India
     

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Current studyaims to determine the current situtation of financial assets and liabilities of household sector in India. Researchers have also measured the relationship between household sector savings and the changes in financial assets or financial liabilities of the household sector. Study was based on the secondary data derived trom the annual publication of Reserve Bank of India tittles 'Statistics of Indian Economy'. Study covered the period trom 2011-12 to 2016-17. In order to determine the current situtaion of the financial assets and liabilities ofhousehold sector in India, researchers have used graphical and tabular form of data representation while for measuring the impact of changes in financial assets or financial libaiities of the household sector on the savings ofhoushold sector, linear regression analysis has been used. It was found that the changes in financial assets of the household sector has a positive and significant impact on the savings of household sector while changes in financial liabilities has a negative and insignificant impact on the savings ofhousehold sector.

Keywords

Household Sector, India, Financial Assets, Financial Liabilities, Household Savings, Government.
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  • Measuring the Impact of Changes in Financial Assets and Financial Liabilities on the Household Sector Savings

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Authors

Kavita
Department of Agrieultnre Eeonomies CeSHAU, Hisar, Haryana, India
Monu Devi
Government College, Haryana, India
Meenu Punia
Department of Agrieultnre Eeonomies, CeSHAU, Hisar, Haryana, India
Satbir Singh
HSB, GJUS&T, Hisar, Haryana, India

Abstract


Current studyaims to determine the current situtation of financial assets and liabilities of household sector in India. Researchers have also measured the relationship between household sector savings and the changes in financial assets or financial liabilities of the household sector. Study was based on the secondary data derived trom the annual publication of Reserve Bank of India tittles 'Statistics of Indian Economy'. Study covered the period trom 2011-12 to 2016-17. In order to determine the current situtaion of the financial assets and liabilities ofhousehold sector in India, researchers have used graphical and tabular form of data representation while for measuring the impact of changes in financial assets or financial libaiities of the household sector on the savings ofhoushold sector, linear regression analysis has been used. It was found that the changes in financial assets of the household sector has a positive and significant impact on the savings of household sector while changes in financial liabilities has a negative and insignificant impact on the savings ofhousehold sector.

Keywords


Household Sector, India, Financial Assets, Financial Liabilities, Household Savings, Government.

References