Govt Sees Nine Per Cent Growth Till 2020

EVEN as the debate continues over the feasibility of a 8 per cent growth rate during the Tenth Plan, the government has finalised a document titled Vision 2020, which says the gross domestic product (GDP) can grow at around 9 per cent over the next 20 years.

If the 9 per cent growth is achieved, it will quadruple the real per capita income and reduce poverty levels to almost zero, the report says, adding that India will then attain a higher level of development than China, and will be on a par with upper-middle income countries like Argentina, Hungary and Malaysia.

The document, meant to define the country