India can sustain 7% growth in coming years: S&P’s Louis Kuijs

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NEW DELHI : India can sustain 7% growth annually in the coming years propelled by investments flowing into the country, high domestic savings, and by addressing supply-side challenges, Louis Kuijs, chief economist, Asia Pacific, at S&P Global Ratings, told Mint . If the government continues to work on resolving challenges related to infrastructure, institutional factors, labour laws, land acquisition rules, and education, the country can aspire to grow even faster, Kuijs said. "It is important to work on those supply side areas if you want to achieve something like 8% growth," he added. As things stand, India remains the fastest-growing...