In Europe, there is uncertainty regarding the impact of drops in crude oil prices, debt problems, low inflation, and the geopolitical issues on business fixed investment and employment conditions. In the United States, the economic recovery is solid.
These are sets of questions that we need to ponder over and take strategic decisions. Twelfth plan 13. 12th Five Year Plan aims to usher in faster, more inclusive and sustainable economic growth. It notes that today, India can sustain a GDP growth of 8 percent a year.