India's long-term growth potential is 8-9 pc, says Montek

Notwithstanding global credit rating agency S&P’s lowering India’s outlook to ‘negative’, the country remains bullish and its long-term economic growth potential is 8-9 per cent, Deputy Chairman of Planning Commission Montek Singh Ahluwalia has said.

“My view of India is that it is bullish. India’s long-term growth potential is 8 to 9 per cent. In order to achieve this, we have to get our Macro-economic right,” said Ahluwalia, briefing media at the third Clean Energy Ministerial Meeting which concluded here last evening.

From: http://ping.fm/0YVmQ