The Indian economy grew by 6.7 percent in 2008-09 and by 7.4 percent in 2009-10. The latest economic survey has projected a growth rate of around 8.5 percent for the current fiscal.
“If this trend continues, we will have double digit growth by the end of the 11th Plan, that is 2012,” Mukherjee told reporters here on the sidelines of a function.
Earlier, in his address after inaugurating the northeast
“My target is to breach the barrier of double-digit growth. It is required. To me growth is not merely a statistical figure. It means more jobs, employment, wealth and access,” he said.
Asserting that there has been a paradigm shift in
He described the east and northeast as the region of the future, and said the region must come up for the government’s Look East Policy to succeed.
Referring to the problems of subversive activities in the north east, the minister said once development comes, all other problems can be taken care of.
Speaking at another programme, Mukherjee said the bond market has to be improved as the country needs a high level of funding in infrastructure in the coming years.
Monday, June 14, 2010
India could reach double digit growth by 2012: Pranab
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