With the economy showing signs of a steady recovery, the Indian government on 24 March said its aim for double digit growth barrier was to soon break.
India’s economic growth rate had reached 9.7 percent in 2006-07, the highest rate the country had experienced post-liberalisation, and it had yet to touch double digits when the global economic slowdown put a stop to this growth trajectory.
However, India was among the fastest economies to emerge out of the crisis.
(Source: Business Standard)