‘India to Continue on Growth Path’
Urging Australian pension funds to invest in India, Finance Minister Arun Jaitley on Friday said here the country will continue on its current path of development towards “eliminating the curse of poverty”. “We do believe that 7.5% rate can be improved upon and the government is concentrating on several areas, especially rural India. It’s only then India can eliminate the curse of poverty,” he said.
“People in India are benefiting from the whole process of liberalisation," the finance minister said. Jaitley assured his audience of rationalisation of India's tax system, saying India offered a huge amount of opportunity also in manufacturing and infrastructure. —IANS