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India to aim at 7.5 per cent growth rate: Manmohan
Sunday, April 24 2005 12:31 Hrs (IST) - World Time -

Jakarta: India will aim at a 7.5 per cent growth rate by taking steps to open up further, Prime Minister Manmohan Singh today (Apr 24, 2005).

"We are committed to be more open economy, more open society and more open polity," Singh told over 400 members of the Indian community In Jakarta, at a special reception yesterday (Apr 23, 2005) night.

"Winds of change are creating a situation for growth of India. We want to see the growth rate go up to 7.5 per cent in the future," the Prime Minister said.

"The future belongs to India and China. India is on the move, working together the people of India are bound to enjoy their destiny, I invite you all to make it happen," he told the NRI community.

The Prime Minister noted that in the next five to ten years, India's working population was going to increase substantially resulting in the rise in the savings rate of the economy.

"We have a long arduous journey ahead of us. We have to tackle poverty and ignorance. But India is on the move. We are going to create India as a land of creativity and opportunity," he said.

PTI









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