December 4, 2009 1:39 PM

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The World Bank today said that India could return to a growth rate of 8-9 per cent in its economy in the next two years. Addressing reporters in New Delhi this morning, World Bank President Robert Zeollick however said that the country needs to invest more in infrastructure for sustained growth. He said India's strong crisis management and sustained global demand has played an important role in helping the world recover from global economic crisis. Mr Zeollick said that country's strong fiscal and monetary policies have helped to counter a decline in exports and withstand some external shocks brought on by food, fuel and financial crises. The World Bank has already delivered around 5.3 billion dollar to India this fiscal with a commitment to various sectors like power, roads, banking and rural development.

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