Terming Delhi as ‘nerve centre’ of growth, she said that her government has been following a pro-investment policy which has led the economy to grow at a healthy rate. (Agencies)
"In the last few years, we have achieved double digit growth of over 11 percent. The growth rate in 2011-12 was 11.54 percent. We are hopeful that we will sustain this double digit growth this year," the Chief Minister said.
Delhi's economy grew at 11 percent in 2012-13 when the country's growth rate had slipped to a decade low of 5 percent on account of poor performance of farm, manufacturing and mining sectors. India's growth rate has been projected at 5.5 percent in 2013-14.
She was speaking at a CII conclave to showcase investment opportunities in northern states.
The Delhi government has projected the economy of the city to grow at a rate of 11 to 11.5 percent during the 12th Five-Year Plan period.
The growth rate of Delhi in the Eleventh Plan period was 11.46 per cent as compared to 7.9 percent at the national level.
The city government has already taken a number of steps including enhancing the tax collection mechanism and keeping the fiscal deficit under control.
In her address, Dikshit highlighted various industry-friendly initiative of her government and said that infrastructure at all the 29 industrial clusters are being enhanced.
Asked about the state of the economy of the country, Dikshit said that investor and industry leaders should be patient and continue to have confidence in the economy which has potential to rebound.
She said that an industrial park for IT industries is being set up by the Delhi government at Baprola area of North Delhi as part of policy to promote clean technology industries in the city.
The government plans to invest a whopping Rs 1,800 crore to develop the park. In 2010, it had unveiled a new industrial policy aiming to make the national capital a global hub for clean, high technology industries and services sector.
Terming Delhi as ‘nerve centre’ of growth, she said that her government has been following a pro-investment policy which has led the economy to grow at a healthy rate.