The investment and savings data for the past decade reveals interesting points, said the report authored by Soumya Kanti Ghosh, Group Chief Economic Adviser, State Bank of India. Gross capital formation (GCF) by the government touched a high of 11.8 per cent in 2021-22, up from 10.7 per cent in 2020-21. "This also had a domino effect on private sector investment that jumped from 10 per cent to 10.8 per cent over the same period," it said. In fact, Ecowrap added that the trends in GCF to gross output ratio or the plough back of funds for creation of fresh capacity shows that for public administration the ratio attained fresh peak in 2021-22 owing to the emphasis on capital expenditure in recent budgets. At the aggregate level, gross capital formation is supposed to have crossed 32 per cent in 2022-23, the highest level since 2018-19. According to the report, in 2021-22, gross savings have risen to 30 per cent from 29 per cent in 2020-21.