Why Modi govt's goal of 9-10% GDP growth in 2022-23 may remain a pipe dream

Niti Aayog's plan, outlined in a strategy paper, to create a "New India" in less than four years should invite skepticism, writes T N Ninan

One of the features of the Modi government is its willingness to set ambitious targets for various programmes, and then to make a determined effort to achieve the goals set. Such ambition is amply in evidence in the document that Niti Aayog has released, called “Strategy for New India @ 75”. By definition, anything that hopes to create a “New India” in less than four years (ie by Independence Day in 2022) should invite skepticism. Still, the details are worth exploring. The over-arching objective is to deliver 9-10 per cent GDP growth in 2022-23. To get there, a number of