Indian economy example for others to emulate: PM

August 16, 2010 - 0:0

Prime Minister Manmohan Singh on Sunday said India was not only among the fastest-growing growing economies but an example for others as

it achieved the feat despite drought and global slowdown.
""Today, India stands among the fastest growing economies of the world. As the world's largest democracy, we have become an example for many other countries to emulate,"" he said in his Independence Day address.
""Our citizens have the right to make their voice heard. Our country is viewed with respect all over the world. Our views command attention in international fora,"" he said.
The prime minister said that since his last Aug 15 address, the country weathered a number of difficulties, including a drought-like situation in many parts and effects of the global economic slowdown.
""Despite many problems, the rate of our economic growth has been better than most other countries in the world. This shows the strength of our economy.""
(Source:economictimes.indiatimes.com)