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How India can achieve 8-10% GDP growth

By Manoj Kumar and Rajesh Kumar Singh
September 17, 2015 12:52 IST
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The government is aiming for an 8-10 per cent annual economic growth through supply-side measures to increase the capacity of Asia's third-largest economy rather than risk higher inflation by stimulating demand, Jayant Sinha, the Minister of State for Finance, said.

Sinha, a former McKinsey consultant, said on Thursday that the government had ramped up public investment by 40 per cent this year, as part of Prime Minister Narendra Modi's push to modernise road and railways.

 

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Manoj Kumar and Rajesh Kumar Singh
Source: REUTERS
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