 "India aims for 8-10 pct 'non-inflationary' GDP growth - Jayant Sinha
| Reuters")
NEW DELHI The government is aiming for an 8-10 percent annual economic growth through supply-side measures to increase the capacity of Asia’s third-largest economy rather than risk higher inflation by stimulating demand, Jayant Sinha, the Minister of State for Finance, said.
Sinha, a former McKinsey consultant, said on Thursday that the government had ramped up public investment by 40 percent this year, as part of Prime Minister Narendra Modi’s push to modernise road and railways.
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(Reporting by Manoj Kumar and Rajesh Kumar Singh; Editing by Malini Menon)
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