| Re: Can the economy achieve an 8 percent growth rate. -
June 9th, 2009
I don't think it's really a pipe dream... Even under the current situation, GDP growth had been maintained @ 6%+ backed by govt spending in last 2 qtrs. It is estimated that infra bottlenecks cost us approx 1.5% - 2% of the growth. Thru large scale infra projects and targetted subsidization, 8% growth is very much possible. |