Letters: Double-digit GDP growth

Apropos A K Bhattacharya's column "Chasing the growth dream" (New Delhi Diary, January 21), India did achieve gross domestic product (GDP) growth rates of 8.6 per cent and 9.3 per cent in 2009-10 and 2010-11 respectively, when global growth was in the doldrums - before the impact of our own scams brought down that growth rate. Moreover, the implementation of the Goods and Services Tax that makes India one common market, may itself add one to two per cent to the country's annual GDP growth rate. Innate entrepreneurial abilities, demographic trends and its market size are factors that will boost India's GDP growth rates.

If only India can attract a good share of the immense funds floating around the world looking for safe and attractive investment opportunities, is it not reasonable and realistic for the country to aim for near double-digit GDP growth over the next 25 years?

Alok Sarkar Kolkata

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