India could grow at 8-9% in 2 years: WB | business | Hindustan Times
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India could grow at 8-9% in 2 years: WB

India is likely to return to high growth trajectory of of 8-9 per cent in the next two years, World Bank president Robert Zoellick said on Friday. India’s strong fiscal and monetary policies have helped the country in coming out of the financial crisis.

business Updated: Dec 04, 2009 20:46 IST
HT Correspondent

India is likely to return to high growth trajectory of of 8-9 per cent in the next two years, World Bank president Robert Zoellick said on Friday. India’s strong fiscal and monetary policies have helped the country in coming out of the financial crisis.

Zoellick also said that India’s crisis management measures and a sustained global demand would play an important role in the global recovery.

“India has emerged from the economic crisis with a clear vision of what it will take to accelerate back to earlier growth rates and beyond,” Zoeliick said on Friday.

The World Bank chief also met Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee during his current visit to India.