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Export plan vital for sustained 8% growth: CEA

An export-oriented strategy is essential for India to achieve an eight per cent annual growth trajectory on a sustained basis, said Arvind Subramanian, chief economic advisor

Ishan Kumar Bakshi  |  New Delhi 

Chief economic advisor Arvind Subramanian on Tuesday came out strongly in favour of the central government's Make in India campaign, saying that an export-oriented strategy was essential for India to achieve an eight per cent annual growth trajectory on a sustained basis.

On the impact of Brexit on the Indian economy, Subramanian said while it would impact growth in the UK and in the euro zone, which in turn would impact India's exports to the region, the flip side was oil prices might remain depressed, which is beneficial for India. Speaking at the India Policy Forum Lecture 2016, ...

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First Published: Wed, July 13 2016. 00:19 IST
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