India can attain 8-10% growth in long term Govt

Posted on:26 Feb 2016 14:41:55
India can attain 8-10% growth in long term Govt
26 February 2016 Current Affairs: The government is aiming to speed up economic growth to hit the double-digit mark quickly, but analysts are of the view that the Centre would have to break the political logjam to push growth in Asias third largest economy.The government is looking for an 8%-10% per cent annual economic growth through supply-side measures to increase the capacity in India, rather than risk higher inflation by stimulating demand, Minister of State for Finance Jayant Sinha said on Thursday.
The government is aiming to speed up economic growth to hit the double-digit mark quickly, but analysts are of the view that the Centre would have to break the political logjam to push growth in Asias third largest economy.The government is looking for an 8%-10% per cent annual economic growth through supply-side measures to increase the capacity in India, rather than risk higher inflation by stimulating demand, Minister of State for Finance Jayant Sinha said on Thursday.

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