Gross domestic savings rate needs to reach 38-40 pc to sustain 7-8 pc growth: NK Singh
New Delhi, Sep 20 (IANS) India’s gross domestic savings rate, currently around 34 per cent of GDP, needs to rise towards 38-40 per cent to sustain the 7-8 per cent growth required for Viksit Bharat, according to NK Singh, Chairman of the 15th Finance Commission.