India to grow at 8.2% in 2010: ADB

The Asian Development Bank said India is poised for an economic growth of 8.2% in 2010 although rising inflation would remain a concern. Noting that India’s rebound from the global crisis is set to accelerate this year, the bank said the stimulus measures taken by the government would be gradually rolled back as the economy sets itself on the high growth path. “India’s rebound from the global crisis is set to accelerate in 2010, with estimated growth of 8.2%, although rising price pressures present a challenge to policy makers as they steer the economy's recovery,” ADB said in its report ‘The Asian Development Outlook 2010’.