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India poised for over 7% growth: Manmohan

The Prime Minister says all macro-economic indicators are robust.

india Updated: Feb 01, 2006 20:08 IST
Press Trust of India
Press Trust of India

Forecasting a growth of over 7 per cent during the current fiscal, Prime Minister Manmohan Singh on Wednesday said the Government was committed to undertaking further reforms to make India an active participant in the global economy.

"All our macro-economic indicators are robust and point to another year of over 7 per cent growth," Manmohan told a press conference in New Delhi.

Singh said the Government was moving towards fulfilling its promise to sustain a growth rate of 7-8 per cent and to generate employment.

PM also spoke about:

•  India's vote on Iran

•  Natwar's comeback

• Indo-US nuke deal

• Opposition's criticism

Indo-Pak relations

Relations with China

Bihar crisis

"The Government has ensured a growth of over 7 per cent and we will improve upon this," the Prime Minister said, adding this in itself will generate more employment.

For strengthening the infrastructure, the Prime Minister said he expected an investment of over Rs 1,70,000 crore in the National Highway programme in the next 7 years.

"Our airports are buzzing with flights. Airports too are getting modernised with Hyderabad and Bangalore soon getting new airports," Manmohan said.

First Published: Feb 01, 2006 18:05 IST