NITI Aayog Vice-Chairman Arvind Panagariya has said that a good monsoon, reforms and good decisions in a timely manner by the Government of India will definitely drive the country's growth above the mark of 8% in the following quarters of this financial year.
Putting spotlight on structural reforms in India, NITI Aayog Chief Executive Amitabh Kant on Thursday said that the country has taken a series of steps including the GST enactment and demonetisation of 500 and 1000 rupee notes with a focus to achieve sustainable growth rate of 9-10% in the coming three decades.
NITI Aayog CEO Amitabh Kant said on Friday that shortage of cash due to demonetisation of high denomination bank notes will end by middle of January 2017.
Ports can act as a catalyst for India to achieve a consistent growth rate of 10% per cent, NITI Aayog CEO Amitabh Kant said.
Addressing a workshop organised by the Ministry of Shipping under the Sagarmala programme on 'Accelerating Sagarmala Implementation, Engaging with States', Kant said that the Sagarmala programme is a game-changer.
The Indian economy will see an over three-fold expansion at $7.25 trillion by 2030 and clock an average growth rate of 8% over the next 15 years, Niti Aayog vice chairman Arvind Panagariya said on Sunday.