PM aims over 9 percent growth for India

Monday, 28 June 2010, 06:14 Hrs
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Toronto: Eyeing more than nine per cent growth rate for Indian economy, Prime Minister Manmohan Singh today said exciting opportunities await India and Canada for mutual cooperation to raise their bilateral trade three-fold to 15 billion dollars within the next five years.

"Despite the global economic crisis, the Indian economy has shown resilience and is well on its way to return to an annual growth rate of 8 to 9 per cent.

"We wish to aim higher and are confident that all the conditions are in place to achieve such an outcome," Singh said at the banquet hosted by his Canadian counterpart Stephen Harper here.

He said the socio-economic transformation of a country of the size of India within a democratic framework will have enormous repercussions for the rest of the world.
Source: PTI
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