Next decade promising for India’s economic growth: Niti Aayog

New Delhi: India’s macroeconomic position relative to emerging markets appears good and the coming decade looks promising for sustained economic growth for the country, Suman Bery, vice chairman of NITI Aayog, said on Friday.

Bery went on to say that any assessment of potential, performance and policy should also consider global headwinds, challenges and India’s performance relative to other economies.

He chaired a meeting with various global institutional investors on Friday.

“India’s macroeconomic position relative to emerging markets appears good, positioning the country as an attractive destination for global investment,” NITI Aayog said in a tweet, citing Bery.

“The coming decade looks promising for sustainable economic growth for India,” she added.

The government think tank said Bery had highlighted how the global financial crisis had impacted global economic growth, with India also bearing the brunt in terms of economic growth and private sector investment.

He said through cooperative and competitive federalism, NITI Aayog engages with the states and proposes various policies that can contribute to long-term sustainable economic growth at the state level.

PTI

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