‘IN­DIA CAN GROW AT 9% FOR A DECADE’

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - FRONT PAGE -

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Lead­ing econ­o­mist and Har­vard Univer­sity pro­fes­sor Lawrence Sum­mers said In­dia has the po­ten­tial to grow at more than 9% for a decade and at 8.5% in the later years pro­vided the gov­ern­ment has­tened pol­icy re­forms and project ex­e­cu­tion. Sum­mers, a for­mer US trea­sury sec­re­tary, said at the HT Lead­er­ship Sum­mit on Satur­day that In­dia’s rise will be largely ser­vices-led as op­posed to China’s man­u­fac­tur­ing-driven model.

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