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India's prime minister touts his record and promises to turn economy around ahead of elections

Published January 13, 2015

Associated Press

India's prime minister laid out arguments for his party's re-election by touting his government's economic record with promises to leave "no stone unturned" to spark a rebound for an economy that is now stumbling.

Manmohan Singh's address to one of India's top industry groups Friday comes ahead of elections slated for 2014 and as India deals with a plunging rupee, slowing overall growth and a high government deficit.

He said economic growth would likely undershoot the 6.5 percent target for the fiscal year that ends in March and the government would unveil a slew of reforms to boost the economy.

Singh said growth had averaged over 8 percent during the first eight years that his coalition had been in power, and his government was capable of repeating that achievement.

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