'India needs high GDP growth to reduce poverty at faster pace'

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Agencies: New Delhi , Dec 01 2012, 19:47 IST
Montek Singh Ahluwalia.jpg
good job as rate of poverty reduction has been high amid good growth in GDP.

Inclusive growth in India would be possible only when people have higher income levels and as a result they will get social justice, Ahluwalia said.

He also underlined the need for upgrading skills of people so that they can get higher income jobs in non-agriculture areas in rural areas.

From a high over 9 per cent GDP growth for many years prior to the 2008 crisis, the economy grew 6.5 per cent last year and is projected by analysts to slow down further to a decadal low of 5.5 per cent or even lower this fiscal.

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