New Delhi, Nov 26: Lok Sabha Speaker Meira Kumar today said India has retained its growth target of 8.2 per cent for the current fiscal despite adverse global economic condition and high inflation.
“India is surging ahead to become super power of the 21st century despite adverse global condition and high inflation. We have maintained GDP growth rate of 8.2 per cent for 2011-12 with projected industry growth of 7.8 per cent,” she said at a function of PHD Chamber.
Kumar's comments come against the backdrop of a more cautious approach adopted by the Reserve Bank of India, which has lowered the economic growth forecast to 7.6 per cent for 2011-12.
“You must remember, millions of countrymen and women are excluded from benefit of the progress. We have to strive for inclusive growth,” Kumar said.
She asked the business community to play a key role for inclusive growth.
“The business community has to play key role in establishing inclusive and egalitarian society. Inclusive growth is easily attainable if we calibrate our objective and strategy towards achieving financial prosperity with a sense of social responsibility,” Kumar added.