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India a labour-rich country with enough institutional maturity; can register 8 percent growth: Niti Aayog vice chairman
India has the potential to grow at 8 per cent as the country is labour-rich with enough institutional maturity of a functioning democracy, Niti Aayog vice chairman Suman Bery said on Thursday. Bery also cautioned that North India has not been doing well traditionally compared to South India, and this can create tensions in a federal polity. "So, 8 per cent growth or something approximating that means continuous change that needs to be politically managed," he said while addressing the Global Economic Policy Forum 2023.
India has the potential to grow at 8 per cent as the country is labour-rich with enough institutional maturity of a functioning democracy, Niti Aayog vice chairman Suman Bery said on Thursday. Bery also cautioned that North India has not been doing well traditionally compared to South India, and this can create tensions in a federal polity. "So, 8 per cent growth or something approximating that means continuous change that needs to be politically managed," he said while addressing the Global Economic Policy Forum 2023. 
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