New Delhi: The government is aiming for an 8-10 percent annual economic growth through supply-side measures to increase the capacity of Asia`s third-largest economy rather than risk higher inflation by stimulating demand, Jayant Sinha, the Minister of State for Finance, said.
Sinha, a former McKinsey consultant, said on Thursday that the government had ramped up public investment by 40 percent this year, as part of Prime Minister Narendra Modi`s push to modernise road and railways.
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