BITS Pilani

Household savings have important implications for their welfare. Saving in financial and non-financial assets smoothen their consumption, safeguard them against economic shocks and help accumulate assets. But low-income households’ savings remain under-appreciated and under-researched in India. In this context, this study has two objectives.

The first will be to study the saving behaviour of low-income households in urban areas of Telangana through a primary survey. For the second objective, the researchers will do a rigorous cross-country comparison to study saving instruments and schemes available in other developing as well as developed countries which are exclusively designed for low-income households.

While the primary data-based analysis will help to understand the savings behaviour, practices and aspirations of low-income households, the secondary data based cross-country investigation will highlight global practices of addressing the saving needs of such households.