India Can Grow At 8 Percent For Next 20 Years: UN Expert
India can achieve an 8 per cent growth rate for the next two decades if it unleashes the next set of reforms that could help it in realising its full potential, according to a senior UN official.
The UN, in its latest report, projected Indias growth rate to be 7.2 per cent in 2018 and 7.4 per cent in 2019.
Describing India's economic condition as largely positive and "favourable to growth", Sebastian Vergara, an Economic Affairs Officer at the UN, said the country needs to unleash the next set of reforms to achieve its potential.
"It needs to think as to how to maintain and consolidate its growth for a very long period of time. India in our assessment has the potential to grow at eight per cent, not for a few years, but 20 years," Vergara told PTI.
"For that, India needs to com...