Indian economy — gross domestic saving rate: Choose the current broad range for India’s average gross domestic savings as a share of GDP. Treat “range” as percentage points of GDP (approximate macro indicator). Choose the correct range.

Given data

• We are asked the approximate range of India’s gross domestic saving rate (share of GDP).

Concept / ApproachIndia’s savings rate is a macro aggregate that has typically hovered around the low-30s percent of GDP in recent years. Hence, among the coarse ranges given, 30–35% best captures the contemporary level.

Step-by-step reasoningCompare coarse ranges to known long-run averages: below 25% would be too low for India’s recent experience; 25–30% is borderline but tends to underestimate; 30–35% aligns with common macro data points.

Verification / sanity checksHistorical series since the 2000s show the savings rate predominantly in the upper 20s to low 30s, with many recent observations close to ~30%.

Common pitfalls

• Confusing household savings rate with gross domestic savings (which includes private corporate and public savings).

Final Answer30% – 35% is the most appropriate broad range among the options.