INDIA'S 7% GROWTH TARGET REALISTIC : ESCAP -------------------------------------------- The economic and social commission for asia and the Pacific (ESCAP) is optimistic about India's 7% growth projected in the Ninth Plan (1997-2002) being 'realstically achievable based on its reform agenda". Though the reduction of fiscal deficit has remained an 'elusive goa;' of economic policy. In its 1997 Economic and Social Survey of Asia and the Pacific, realsed by the Director, Research and Information Systems (RIS) for the non-aligned developing countries here, the UN body said that amonth the comparatively slow growing South Asian economies, India is well placed to see further acceleration of its growth rates which in recent years have surpassed s\6%. This is because of India's vast market size, skilled manpower and advanced technological base. INDIA'S ECONOMIC GROWTH RAPID AND REBUST, ---------------------------------------- The World Bank has praised India's economic recovery and pledged its support New Delhi's efforts to extend the coverage of structural reforms to sectorial and State-level fiscal adjustments during the current fiscal year. India's economic recovery has been 'unexpectedly rapid and rebust' [164 lines left ... full text available at <url:http://www.reference.com/cgi-bin/pn/go?choice=message&table=04_1997&mid=4805438&hilit=ART+SATELLITE> ] -------------------------------- Article-ID: 04_1997&4892972 Score: 78 Subject: Re: journal artical