Finance Minister Arun Jaitley today said international investors find India as a preferred destination, bringing FDI flow to a highest point. Addressing a conference in New Delhi today, Mr Jaitley said maintaining a 7 to 7.5 per cent growth rate at the times of global slowdown is by itself a reasonable achievement. <br/><br/> He expressed confidence that the growth rate in current financial year will be better than last two years. He said good monsoon, favourable tail winds from global economy, effective public investment are needed for achieving higher growth. He also said fiscal position of states in India is stable and public spending helps economy. He said most of the states are doing reasonably well and their fiscal parameters are strong. <br/><br/>The Finance Minister said India does not face any political challenge as far as economic reforms are concerned. He asserted there is maturity in parliamentary system and it is the strength of Indian democracy. Mr Jaitley said as far as GST is concerned, he would talk to Congress and try his best to have a consensual approach to possible extent.<br/><br/>He said government has never abandoned any legislation which may be delayed but ultimately Parliament passes the same. Mr Jaitley said government has made the governance transparent to possible extent and has curbed the menace of corruption.