Amid growing concerns of a possible impact of the US slowdown on the Indian economy, finance minister P Chidambaram has said that through fiscal prudence, high domestic savings and investment, the country can aim to grow at over 9 per cent. “We have to do right things and avoid doing the wrong things... Continue fiscal prudence. Two: Ensure that people save and invest and there is an enabling environment for investors, both domestic and foreign,” Chidambaram said. He also said that the country would have to ensure that “these investments are made widely, managed wisely, so that they give a return, he told BBC World Service.
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