India to achieve 9 Percent plus growth rate in coming years- FM

Committing to expedite the financial sector reforms, Finance Minister Pranab Mukherjee today exuded confidence that India will achieve over 9 per cent economic growth rate in the coming years. “With strong macro-economic fundamentals and the resilience shown… by the economy in face of adversities, I am confident that we are headed for a 9 per cent plus growth in the coming years”, Mukherjee said while addressing a award function organised by Bloomberg UTV television channel.

Indian economy is expected to record a growth rate of 8.6 per cent in the current fiscal, up from 8 per cent a year ago. The economy was growing by over 9 per cent before the global financial crisis pulled down the growth rate to 6.8 per cent in 2008-09.