India to achieve 9% growth rate by 2022: NITI Aayog

India to achieve 9% growth rate by 2022: NITI Aayog

NITI Aayogvice-chairman Rajiv Kumar on Monday exuded confidence that economy will achieve 9 per cent growth rate on sustained basis by 2022 on the back of reforms like goods and services tax, demonetisation and he insolvency and Bankruptcy Code. indian economy grew by 6.65 in 2017-18 and expected to grow at 7.5 and expected to grow at 7.5% this fiscal. "Given that we havedone GST, demonetisation, IBC recapitalisation of bank, we will grow at 9% by 2022. We will grow also able to sustain it at that level, "he said.

The Business Standard, New Delhi, 22nd May 2018

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