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India should aim to grow at over 9%: Finance Minister P Chidambaram


Due to the possible impact of US slowdown on Indian economy, Finance Minister P Chidambaram has said that through fiscal prudence, high domestic savings and investment, India should aim to grow at over 9 %.

“We have to do right things and avoid doing the wrong things… Continue fiscal prudence. Two: Ensure that people save and invest and there is enabling environment for investors, both domestic and foreign,” Finance Minister told BBC World Service in an interview.

When asked about his most challenging task, Chidambaram said, “to ensure that the economy grows at no less than 8 % a year.”

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