23.5.11

India to be fastest growing economy soon : PM

PM Manmohan Singh raised the bar for policymakers saying India’s status on the economic high table might go up from being the fastest growing democracy to the fastest growing economy in the world. “If each one of us continues to work hard with dedication, commitment and honesty, I am sure India will soon emerge as the fastest growing economy in the world. We already are the world’s fastest growing democracy,” he said at the second anniversary celebrations of UPA-2. While it was more in the nature of a mission statement, releasing his government’s report card, Singh sought to showcase the growth story seen in the 8.5% expansion over the last seven years. At the same time, the PM and Congress president Sonia Gandhi seemed acutely aware of the perception that the government was weak in tackling inflation. Sonia said keeping prices of essential commodities at affordable levels while ensuring high economic growth were the government’s priorities.

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