Author's Name: |
Anisha.N.G. & Praseetha.V.P |
Subject Area: |
Social Science and Humanities |
Subject |
Economics |
Section |
Research Paper |
Keyword:
Capital formation, public sector, private sector, gross domestic saving, gross fixed capital formation, change in stock
Abstract
The capital formation in any country is an important factor behind the growth. Sometimes it plays a role as a barometer for economic growth and development. Capital formation is the addition to the capital stock of a country. It composed of savings by household, public, private sectors, the gross fixed capital formation, and increase in the stocks. Capital formation makes a nation to adopt new ideas and techniques of production. The present study focuses on the role played by public and private sector in the capital formation of India; a necessary factor behind the economic growth.