Pranab optimistic of revival of India's economic growth

President Pranab Mukherjee today expressed confidence that the country would be able to return to the 7 to 8 per cent growth level in the next two to three years.

"I am confident that with the measures being taken, we would return to 7 to 8 per cent growth level in the next two to three years," Mukherjee said in his address at the 45th convocation of Utkal University here. Stating that India's strategy of inclusive economic growth has shown positive results, he pointed out that average annual economic growth during the last 10 years was 7.9 per cent though it has decelerated to 5.0 per cent in 2012-13. "We have to make economic growth work for the betterment of our people, especially those at the bottom of the socio-economic pyramid," Mukherjee said.


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Story first published: Thursday, April 25, 2013, 14:30 [IST]
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