India should sustain high economic growth; need reforms: PM

New Delhi, Oct 30 (PTI) Indian Prime Minister Manmohan
Singh Friday said the country should aim at a sustained
economic growth of 9-10 per cent over the next decade as he
pushed for more reforms and increased investment in sectors
like infrastructure and agriculture.

Making it clear that development of rural areas and
uplift of social classes would be crucial to building the
"India of tomorrow", he said his government had taken a series
of initiatives aimed at investing in rural and urban
infrastructure, generating maximum employment and improving
productivity of farm economy.
To a question about reforms, particularly in labour,
insurance and financial sector, being stalled, he said, "We
need to push forward the reforms process in the areas you
mentioned and we will do so."
"2020 is not far away. Our primary challenge in the next
decade will be to sustain high rates of economic growth, to
ensure that the growth process remans equitable, to invest in
the education and health of every child and adult, to generate
gainful employment," he said addressing the Hindustan Times
Leadership Summit here.
Among the challenges he listed were the building of
modern, efficient and environment-friendly infrastructure and
ensuring that government and public services are efficient and
responsive to people's needs and function transparently.
"We should aim to sustain growth rates of 9 to 10 per
cent per annum," he repeated. (MORE) PTI MS
ANU


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