Economy will grow by 10%: FM
Finance minister P Chidambaram today said he was confident that the economy would grow by 10 per cent and the country's exports would touch 200 billion dollars by 2008.
By PTI |
CHENNAI: Finance minister P Chidambaram today said he was confident that the economy would grow by 10 per cent and the country's exports would touch 200 billion dollars by 2008.
Referring to early 90's when the economic liberalisation was set in motion in the country, he said, "in 1991, no one would have believed that some day, India's economy would grow at 10 per cent."
He was speaking on "Indian Economy in the 21st century", organised by the Madras High Court and members of the Madras Bar Association to commemorate the 60th year of the country's Independence.
"This is an open economy. But this entails huge responsibilities like recognising our weaknesses, reducing dropout rates in schools, increasing enrolment rates in schools and colleges and utilising human resources", he added.
Referring to early 90's when the economic liberalisation was set in motion in the country, he said, "in 1991, no one would have believed that some day, India's economy would grow at 10 per cent."
He was speaking on "Indian Economy in the 21st century", organised by the Madras High Court and members of the Madras Bar Association to commemorate the 60th year of the country's Independence.
"This is an open economy. But this entails huge responsibilities like recognising our weaknesses, reducing dropout rates in schools, increasing enrolment rates in schools and colleges and utilising human resources", he added.
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