Why the India Story is intact

Investors move towards countries which grow at a respectable rate and which enjoy a reasonable economic and political stability. I would like to argue that despite low growth in the last two years, India’s growth potential remains intact. As I look ahead, 2013-14 may turn out to be better. We have estimated the growth rate for the year at 6.4 per cent, even though there are others who have estimated a slightly lower growth.

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