Montek Singh
Our economic scenario is very good: Montek Singh >Deputy chairman, Planning Commission, Montek Singh Ahluwalia while addressing a Bombay Chamber of Commerce function on September 21, claimed that India is making inclusive growth. He did not agree with the observation of former chairman of the US Federal Reserve, that the UPA government headed by Prime Minister Manmohan Singh is not doing enough on farm reforms. He informed that India is growing at 8.5% to 9%, maintaining an average growth of 8.5% for last five years. Inflation rate is also below 4%. Ahluwalia said that India will be able to achieve 10% growth rate by the end of the 11th Five Year Plan if the reform process continues. `The 11th Five Year Plan has a lot for those people living below poverty line, including farmers and labourers. We are confident that the growth process we are witnessing today is more inclusive and will do more for the poor than in the past,` he said. He affirmed that the growth process today is more inclusive and will do more for the poor than in the past.
