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India's Economy as a Working ModelIndia's Economy

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Series

Government gross saving

Value in 2024-25

−₹99,729 crore

−0.31% of GDP

Gross flows can exceed GDP. GDP counts only final output once; the map also shows the inputs firms buy from each other and the money that passes through financial markets.

What it is

Saving of the Centre, the States and local bodies combined. Negative in every year of the series: governments together have spent more on current items than their current receipts (dissaving).

Trend

−0.31%−6.7%2011-122024-252022-23: Source changes from mospi_nas_2026_oldbase_nas2025_s1_9 (NO) to mospi_nas_2026_s1_9 (NN). New GDP base (2022-23). Earlier years are on the 2011-12 base; levels are not directly comparable, shares are closer.SAM 2023-24: −1.1%

SAM 2023-24: −1.1% of GDP

  • 2022-23: Source changes from mospi_nas_2026_oldbase_nas2025_s1_9 (NO) to mospi_nas_2026_s1_9 (NN). New GDP base (2022-23). Earlier years are on the 2011-12 base; levels are not directly comparable, shares are closer.

Checked against the 2023-24 SAM: the series matches.

Sources

  • National Accounts Statistics 2026 (new base 2022-23), per-statement XLSX
    National Accounts Division, NSO, MoSPI. Table Statement 1.9. Retrieved 2026-09-29.

Every year

YearValueShare of GDPLabelBase yearEstimate stage
2011-12−₹1.58 lakh crore−1.8% of GDPOfficial total2011-12Revised
2012-13−₹1.59 lakh crore−1.6% of GDPOfficial total2011-12Revised
2013-14−₹1.74 lakh crore−1.5% of GDPOfficial total2011-12Revised
2014-15−₹1.75 lakh crore−1.4% of GDPOfficial total2011-12TRE
2015-16−₹1.61 lakh crore−1.2% of GDPOfficial total2011-12TRE
2016-17−₹1.21 lakh crore−0.79% of GDPOfficial total2011-12TRE
2017-18−₹2.08 lakh crore−1.2% of GDPOfficial total2011-12TRE
2018-19−₹2.59 lakh crore−1.4% of GDPOfficial total2011-12TRE
2019-20−₹5.60 lakh crore−2.8% of GDPOfficial total2011-12TRE
2020-21−₹13.21 lakh crore−6.7% of GDPOfficial total2011-12TRE
2021-22−₹7.03 lakh crore−3.0% of GDPOfficial total2011-12SRE
2022-23−₹5.92 lakh crore−2.3% of GDPOfficial total2022-23Final
2023-24−₹3.18 lakh crore−1.1% of GDPOfficial total2022-23Final
2024-25−₹99,729 crore−0.31% of GDPOfficial total2022-23FRE

Breaks and changes in the series

  • 2022-23: Source changes from mospi_nas_2026_oldbase_nas2025_s1_9 (NO) to mospi_nas_2026_s1_9 (NN). New GDP base (2022-23). Earlier years are on the 2011-12 base; levels are not directly comparable, shares are closer.

No linked series: negative balancing item