India needs sustained GDP growth of 9-10%, finmin says
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
[NEW YORK] India's economy needs to reach an annual growth rate of 9 per cent to 10 per cent and then sustain that activity "many, many more years than 10 years" in order to improve infrastructure and bring down rampant poverty, Finance Minister Arun Jaitley said on Monday.
"We need resources and I can't get resources until I grow by 9 to 10 per cent. And therefore I would like to see India grow by that rate for the next 10 years," Mr Jaitley said in response to a question following an impromptu speech at Columbia University's School of International and Public Affairs.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Singaporeans can now buy record amount of yen per Singdollar
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
