India is a shining star, will emerge stronger in 1 year, says Scindia

  • Agencies, New Delhi
  • |
  • Updated: Jan 25, 2013 22:51 IST

Asserting that India was a “shining star” with a growth rate of 6.5%, which not many countries can boast of, power minister Jyotiraditya Scindia on Friday said the country would emerge as a stronger economic force in next one year on the back of continuing reforms.

The young minister said the growth momentum would be further aided by a focus on “transparency, accountability, execution capability and performance” by the government.

“In the current environment, where the world economy is coming out of a downturn, India is still very much one of the shining stars on a global perspective,” Scindia told PTI.

“This is an environment of cautious optimism but I really firmly believe that if we can go down the path that we have set ourselves on, then we will come out much stronger in the next 12 months,” he added.

“Even if you look at 6.7% growth rate, there are not even a handful of countries that are being able to post that growth rate. In terms of economic opportunities, India is one of the most attractive destinations — from a medium term view, from a long term view and from a short term view,” he said.

 

also read

Airlines under scanner, face probe for alleged arbitrary hike in fares

blog comments powered by Disqus