Savings and Investment Pattern of Teaching Faculty in the Affiliated Colleges of Alagappa University

Dr. G. Parimalarani

Volume : VII, Issue : V, May - 2018

Savings and Investment Pattern of Teaching Faculty in the Affiliated Colleges of Alagappa University

Dr. G. Parimalarani

Abstract :

Savings and investment play a vital role in the economic development of a nation. Savings is that portion of income not spent on current expenditure.Savings and investment are two crucial economic variables by which we can measure a person’s physical quality of life and standard of living. In a country like India, the income standard is almost uncertain and leads to more consumption rather than saving which has now been a central problem.As teachers are considered to be an important asset to a nation their wellbeing as well as the quality of their life should be safeguarded. By taking this as the background the study made an attempt to analyze the savings and investment pattern of the teaching faculty in the affiliated colleges of Alagappa University.