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India to achieve 9 per cent growth rate by 2022
May 22, 2018

NITI Aayog vice-chairman Rajiv Kumar today exuded confidence that Indian economy will achieve 9 per cent growth rate on sustained basis by 2022 on the back of reforms like GST, demonetisation and the Insolvency and Bankruptcy Code (IBC). 
 
Indian economy grew by 6.6 per cent in 2017-18 and expected to grow at 7.5 per cent this fiscal. 
 
Given that we have done GST, demonetisation, IBC, recapitalisatioon of bank, we will grow at 9 per cent growth by 2022. We will also able to sustain it at that level, Kumar said in facebook live organised by NITI Aayog. 
 
He pointed out that Indian economy averaged 8.3 per cent from 2003-11. 
 
    

The Economic Times

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