April 13, 2010 12:26 PM

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The Asian Development Bank (ADB) today said India is poised for an economic growth of 8.2 per cent in 2010 although rising inflation would remain a concern. Noting that India's rebound from the global crisis is set to accelerate this year, the ADB said, it expected the stimulus measures taken by the government would be gradually rolled back as the economy sets itself on the high growth path. The Banks report 'The Asian Development Outlook 2010', said, even though overseas demand will take some more time to revive, robust domestic consumption and rising investment would place the economy firmly on the growth trajectory. The ADB said, it expects the economy to expand by 8.7 per cent in 2011. ADB Chief Economist Jong-Wha Lee said, the outlook for India is for a return to high growth, although this will require continued apt handling of macroeconomic policies, and to sustain long-term growth, it will be essential to address infrastructure bottlenecks and to reform the agriculture sector.

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