Monday, February 9, 2015

Double Digit Growth - RBI Governor Supports the Double Digit Growth Target 2015

In an interview published in 5 February 2015, RBI Governor Raghuram Rajan stated "I don't think we should be settling in the medium term for anything less than double-digit growth. We need to go back to double-digit growth."

For that, we need to do lot of homework on the financial side, human capital side, on the physical and infrastructural side.

It is good that RBI governor also talks on growth of 10% and more. That means RBI planners are also continuously working on issues related to 10% growth. How banks and credit institutions will have to be developed to facilitate and participate in 10%+ growth. 

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