Saturday, June 26, 2010

9% growth is within sight

It looks as though we will touch 9% growth this year itself, assuming the monsoons don't disappoint. Earlier, most forecasts suggested that growth would touch 9% only in 2011-12. If we do touch 9% this year, it will be in the face of a still incomplete global recovery. Conclusion: our growth of 9% is not entirely contingent on a global boom, as some commentators had claimed.

The challenge is to insulate 9% growth from the vagaries of the world economy. More on this in my ET column, Boom or no boom, India can grow at 9%

1 comment:

nagzz said...

Sir, you are awesome. I love your blogs bcoz I learn so much from you and your exp. Thank you so much. Keep the productive race on and on...