India an under-performer: Arvind Subramanian

New Delhi, July 18: Chief Economic Adviser Arvind Subramanian on Monday said that India was an under-performer given its level of political institutions, adding that an over eight per cent growth was easily doable for the country in medium term.

“India is an under-performer given the level of its political institutions. The level of political institutions it has compared to other countries, it should support a higher growth,” Subramanian said at a book discussion on “India’s Long Roads - The Search For Prosperity” by author Vijay Joshi. “Provided a cooperative intertiol market, 8 and over 8 per cent over next 10 years is doable,” he added. (IANS)