India will achieve 8.7 percent growth rate in 2011-12 says a UN report. The report prepared by Economic and Social Commission for Asia and Pacific has said that this growth is achievable after denting the inflation. Lauding the steps taken by Reserve Bank of India to curb inflation, the report described India and seven other South Asian countries as anchor support to the economic growth of the world. The report also suggested that Government should strengthen the public distribution system and unorganized labour sector to streamline the development procedures. Describing price rise in food items as a global phenomenon, the report has said that research and development in agriculture sector should be encouraged to procure more buffer food stocks.