India needs 8% growth for transformation: Ex-US treasury secy

Former US treasury secretary Larry Summers has stated that India needs to achieve an 8% growth rate in order to bring about significant changes in the lives of its people. He also called for increased capital and expanded mandates for multilateral development banks (MDBs) such as the World Bank.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MYXCVkf