Ex-CEA Subramanian explains how India can hit 9% economic growth

Krishnamurthy V Subramanian, who served as 17th Chief Economic Adviser, said India can unlock 8-9% economic growth by accelerating structural reforms to reduce the cost of doing business and cost of financing. He called for implementing factor market reforms in land, labour, and capital, as well as judicial and bureaucratic reforms. "Institutional reforms can take India to 9%," he said.