India an under-performer: Arvind Subramanian

Arvind-SubramanianNew Delhi, (IANS) Chief Economic Adviser Arvind Subramanian on Monday said that India was an under-performer given its level of political institutions, adding that an over eight per cent growth was easily doable for the country in medium term.

“India is an under-performer given the level of its political institutions. The level of political institutions it has compared to other countries, it should support a higher growth,” Subramanian said at a book discussion on “India’s Long Roads – The Search For Prosperity” by author Vijay Joshi.

“Provided a cooperative international market, 8 and over 8 per cent over next 10 years is doable,” he added.

Medaram Jathara

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