Making a strong pitch for Chinese investments in India’s expanding infrastructure sector, Finance Minister Arun Jaitley on Friday said India will be the only economy in the world which is poised to grow at 7.5 to 8 per cent in an “unsupportive global environment”.
Addressing ‘Invest in India’ Business Forum here, Jaitley said “in the immediate future we will certainly maintain the growth rates which we have”.
“Hopefully if there is good monsoon this year, which is expected to be, we have a potential to improve upon those growth rates. Even in an unsupportive global environment we probably would be only economy which moves up towards 7.5 per cent and more towards the eight per cent growth rate,” he said referring to the IMF downgrading global economic growth.
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