Finance Minister Arun Jaitley has said that the government has initiated a large number of reforms in its first year of governance to encourage investments and the country has the potential to grow at 9 to 10 per cent. In an interview to TV channel in Baku, capital city of Azerbaijan, he said, to achieve that we have to invest a lot into rural infrastructure and irrigation. Mr Jaitley said, besides that a lot of investment is required in the infrastructure sector so that it has beneficial impact on manufacturing. On Goods and Services Tax (GST), he said, there is a broad consensus on the issue and at the end of the day, it will benefit the states. Mr Jaitley was in Baku to attend the annual meeting of the Asian Development Bank. The NDA government will on May 26 complete one year in power following last year's general elections.