Double digit growth likely till 2022-23, says Principal Economic Advisor
The Hindu
Sanjeev Sanyal makes strong pitch for better urban governance, infrastructure.
India’s economy is likely to grow in double digits this year as well as next year with the higher revenue collections giving the Centre more room to push capital spending, Principal Economic Advisor Sanjeev Sanyal said on Tuesday, before making a strong pitch to fix India’s cities.
“Some of our cities in peace time don’t have roads like Kabul had in war time. Vietnam has the same per capita income as India’s but Ho Chi Minh and Hanoi are radically better run cities than ours,” Mr. Sanyal lamented, contrasting this with the ‘shockingly poor’ roads and municipal services in some of India’s tier-three cities.
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