India seen capable of sustaining 9 pc GDP growth for many years

2022-12-06 16:17:33 Exim News

India is capable of sustaining economic growth of 9 per cent for many years while a high sustained GDP growth rate is key for the world to achieve the 2030 Sustainable Development Goals (SDGs), said Mr Sanjeev Sanyal, Member, PM Economic Advisory Council, while speaking at the first side event of India’s G20 Presidency on the subject of  ‘Transforming lives: Accelerating implementation of SDGs.’

India has a per capita income of only $2,200 and that has been achieved after several years of a very high growth rate.

Particularly for the Global South, sustaining a high GDP growth rate is critical to achieving SDGs; without that, countries will be re-distributing poverty, he added, as per a report.

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