Page 14 - Amitabh Kant
Indo-US ties can get a leg-up if India grows at 9-10%: Kant
Niti Aayog CEO Amitabh Kant on Friday emphasised the need for India to grow by 9-10 per cent every year for at least three decades. This, he, said could be instrumental in taking Indo-US ties to the next level. He asked the US to open up its services sector for India, which has been liberalising its economy."It is possible to provide greater momentum, greater fillip to Indo-US relationship if India continues to grow rapidly. India is growing at about 7.5 per cent per annum. It's an oasis of growth in the midst of a very barren economic landscape," Kant said at an event organised by the American Chamber of Commerce in India."But, the challenge for India is to grow at 8-9-10 per cent per annum, year after year, for three decades or more. Only when we grow at those rates, will our (Indo-US) relationship get strengthened," he added. Kant also spoke about the importance of taking several measures for India to grow at this clip. He said the US should do its bit for imparting greater ...
 "Indo-US ties can get a leg-up if India grows at 9-10%: Kant")
India has long been shackled by laws and rules that stifled growth: Kant
Niti Aayog CEO says reliance must also be on domestic markets as only FDI won't guarantee India's growth
 "India has long been shackled by laws and rules that stifled growth: Kant")
'Over protectionism will create third-class firms'
He said companies like the Tatas, Mahindras, Heros competed and became world champions because India opened up its economy