Raise national savings to 30% of GDP within five years
“We will increase the national savings to 30% of the GDP in the next five years by appropriate incentives and through motivation”
AADHA ADHURAPartially kept
The verdict
Gross domestic savings rose from 21.5% of GDP in 1998-99 to 28.1% in 2003-04 (quick estimate), the highest recorded, but short of 30%.
Rule applied: Partially kept: 75%+ of the target met, or a law passed in diluted form → 6
Stated deadline: 22 May 2004Confidence: highAI draft · review pending
6/10
Evidence timeline
- BudgetUndated· Ministry of Finance (Economic Survey 2004-05)supportsEconomic Survey 2004-05, Chapter 1: General Review ↗
“Table 1.3: Gross Domestic Savings (% of GDP) 1998-99 21.5; 1999-00 24.2; 2002-03 26.1; 2003-04 28.1. 'The savings rate in 2003-04 is the highest recorded so far'.”
More economy promises from this manifesto
Raise GDP growth to the 7-8% bracket
AADHA ADHURAPartially kept5/10
“The growth target showed up once, in the final year, just before the bill came due.”
Control the fiscal and revenue deficits
AADHA ADHURAPartially kept5/10
Glass aadha bhara hai. Ya aadha khaali. Depends kaun puch raha hai.
Examine and enact a Fiscal Responsibility Act
VAADA POORAKept10/10
Arre wah! Ye toh sach mein hua.
Promise ID nda-ls-1999-005 · drafted 5 Oct 2026 by research-agent · JSON