Business Videos

India should aim 8% average growth between 2012-17: Montek

Dec 26 2012 00:00 IST
Deputy Chairman of Planning Commission, Montek Singh Ahluwalia today said that the country should aim for an 8 percent average economic growth over the next five years beginning April 2012. He said mounting uncertainties in the global economy have increased risks to India's economic growth. Ahluwalia also said that the lowering of the growth target follows changes in the global and domestic economy since the approval of the Approach Paper by the NDC in October last year. Ahluwalia added that they want the country to realise that policy logjams have certain implications.