This paper reports on trends in rural household savings, net private capital formation in agriculture and the growth and composition of tangible net wealth in rural India from 1950-1973. It also presents fresh estimates of the marginal and average propensities to save and invest during the period with respect to measured as well as permanent and transient income. The results show that there has been an acceleration of saving and capital formation in more recent years. (Copyright (c) 1980 by The World Bank.)
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