Getting back to 9.5% not possible in next five years, says Crisil
The difference between a 6.5% rate of growth and the 9-9.5% many expect will come back with a Modi government, according to a Crisil report, is 49 million less people below the poverty line — all of this is over a five-year period. That translates into an increase of Rs 2 lakh in the nominal household income, 10 million more two-wheelers sold, 2 million more cars, 96,000 new homes in 10 major cities… (see graphic).
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