Saturday 20 November 2010

INDIA’S ECONOMIC GROWTH

Hindustan Times

INDIAN ECONOMY TO GROW AT 9-10% IN MEDIUM TERM: PM

Hindustan Times, November 20, 2010

Prime Minister Manmohan Singh on Saturday said the Indian economy can grow at double-digit rates in the medium term and promised an environment for corporations to expand.

He also said appropriate measures were required to deal effectively with the threats of corruption and crony capitalism.

“We were among the few countries that recovered quickly from the after-effects of the global economic crisis,” Singh told delegates at the Hindustan Times Leadership Summit here.

“Last year we grew at 7.4 %, this year I am confident that the economy will grow at 8.5 %, and next year, we hope to return the economy to a sustained growth of 9-10 %,” the Prime Minister said.

(...) [artículo aquí]

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