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India and Economic Growth: India needs to attain sustained growth of 9-10%: Finance Minister

Indian economy needs to grow at 9-10 per cent and maintain that growth rate through the following decade and the growth rate needs to provide better Infrastructure and cut down poverty rates,” India’s Finance Minister Arun Jaitley said during a session at Columbia University’s School of International and Public Affairs.

“India should accomplish 8 per cent growth rate this year and 9-10 per cent over the the next decade,” he said.

“I can sound optimistic yet I will be practical,” he said.

“I would like to see India grow by that rate throughout the following 10 years, I would like to see an extensive part of that resource in addition to all that investment,” Jaitley said.