Finance Minister P Chidambaram on Thursday said India would certainly return to 8 per cent growth rate if past mistakes are not repeated.Speaking at the World Economic Forum Annual Meeting at Davos, Chidambaram asserted that reform measures and fast-tracking of the decision making process have stabilised the economy.The Minister also said that India has done well on anti-poverty measures and it is one of the reasons for high food inflation.He also added that that income inequality and middle class stagnation are big risks in every country.
News On AIR | January 23, 2014 9:23 PM
India can touch 8 % growth rate if avoid past mistakes: Chidambaram<br/>