India growth to overtake China: Kaushik Basu

India`s growth rate is poised to overtake China`s within two to three years, despite a near-term slowdown, India`s chief economic adviser Kaushik Basu said on Monday.

`India, China growth helped poverty eradication`

Thanks to rapid growth in India and China, two-thirds of developing countries are on track or close to meeting key targets for tackling extreme poverty and hunger, the World Bank and IMF said on Saturday.