India Economic Potential at Six-Year High, Singh’s Adviser Says

ndia is poised to resume its record pace of expansion, Prime Minister Manmohan Singh’s top economic adviser said, as global companies flock to the fastest-growing major economy after China.
“I feel as encouraged now as I was six years ago,” Chakravarthy Rangarajan, chairman of the Prime Minister’s Economic Advisory Council, said in an interview in New Delhi today. The economy may grow 8 percent in the year starting April 1, he said.

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