‘In­dia to Con­tinue on Growth Path’

The Economic Times - - Economy & Companies -

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

MEL­BOURNE

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