India and China will drive global growth: Chidambaram
Chidambaram,
who is in the US to meet investors and sell India's growth story,
acknowledged that there is "potential for tension" within the countries
of the East as they compete for resources and markets.Finance
minister P Chidambaram said India and China will drive global growth in
the years to come with the growth rate in India projected to be upto
6.7% between 2013 and 2014.
"Going forward, China and India will continue to be drivers of world
growth, with China growing at 8-8.5% and
India at 6.1-6.7% between 2013 and 2014," he said, while addressing
students and faculty of Harvard University on 'The Rise of the East
Implications for the Global Economy'.
ARUSI
PGDM 2ndSem
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