Indian economy can beat any crisis like it did in 1991 says P Chidambaram

The Indian economy can beat any crisis like it did in 1991, Finance Minister P Chidambaram said today, adding that reforms were necessary to ensure the "sharp and continuing decline in growth" is averted. The minister added that an improvement in investment after the reforms will help growth recover to 8 per cent, even though it would be "premature to talk about 9 per cent growth". Video courtesy: NDTV