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7% growth not enough to match China: Jayant Sinha

DNAHM120217 | 4/17/2018 | Author : DNA Correspondent | WC :376 | Business & Economy



    Seven per cent of sustained GDP growth of India for next 20 years will not be enough for India to match China's current level of economic growth, Jayant Sinha, Minister of State for Civil Aviation said in Ahmedabad on Monday. Matching China's growth levels will be a big challenge, he said.
Sinha was in the city to deliver AMA - PVRN Iyer First Memorial Lecture on Á New Economy for a New India' at Ahmedabad Management Association (AMA) on the topic 'A New Economy for a New India'.
Giving statistics, he said that India's growth rate in dollar terms post liberalization in 1991 till 2017 was 8.9%.
During these 26 years, Indian GDP has grown from $225 billion to $2.5 trillion with a p
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