International Journal of Applied Research
Vol. 1, Issue 1, Part B (2014)
Strategy for achieving double digit growth rate in India
In recent years, many major reforms are initiated in India to give a boost and acceleration to the growth of GDP, to realize the dream of achieving double digit growth rate. As an increasingly transformed economy, many prospering opportunities have grown with the size of market and so also many hidden challenges and bottlenecks are arising. Government in consultation with good policy makers and institutions of international repute is trying to streamline the strategies and structural reforms to accelerate the GDP growth to cater the needs of inclusive growth. Major Key areas, where the focus needs to be are fiscal reform, increasing productive expenditure in social sector like education and health, attracting more FDI for infrastructural development through PPP model, policy transparency and improving the efficiency of institutions in delivering the timely service by practicing norms of good governance. This paper highlights the areas of intervention in achieving double digit growth rate in India.
How to cite this article:
Swagat Rout. Strategy for achieving double digit growth rate in India. International Journal of Applied Research. 2014; 1(1): 44-46.