New Delhi, Aug 22: Indian economy is well tuned to clock at least over six per cent annual growth for the next five years, Planning Commission member N K Singh said. "The current state of the economy indicates a 6-7 per cent annual growth for next five years," Singh said addressing the concluding session of CII-organised marketing summit.

The confidence of over six per cent growth rate emerges from the government's commitment to spend huge amount for overall infrastructure development in the days ahead, he added.
Singh said that there has been considerable unanimity on the issue of carrying forward the reforms agenda and was evident in the case of smooth passage of bills relating to airport privatisation and power sector.
He said infrastructure development initiatives taken are not a one-time phenomenon, but a continuous process aimed at laying foundation for leveraging future growth. Bureau Report