Hayat Ashraf

Resource mobilization is a critical aspect of any economy, including the Indian economy. It involves the process of gathering and allocating financial, natural, human, and technological resources to support economic activities and promote growth. Here's an overview of resource mobilization in the Indian economy: 1. Domestic Savings:    a. Household Savings: Households in India contribute significantly to domestic savings through various financial instruments like bank deposits, insurance policies, and mutual funds.    b. Corporate Savings: Corporate entities generate savings from their profits, which can be reinvested in the business or allocated to other productive activities.    c. Public Sector Savings: The government generates savings through revenue collection, including taxes, fees, and non-tax sources. 2. Investment:    a. Gross Fixed Capital Formation (GFCF): GFCF represents investment in fixed assets like machinery, equipment, and infrast...