India, Jan. 22 -- India will keep growing by 6-8 per cent in real terms and 10-13 per cent in nominal terms over the next five years, supported by moderate inflation and strong growth, Union minister Ashwini Vaishnaw said on Wednesday.

Speaking here in a session on 'Bet on India - Bank on the Future' organised by CII in association with EY on the sidelines of the World Economic Forum (WEF) Annual Meeting, Vaishnaw highlighted the importance of simplification of permissions and affirmed that the average time for installation of telecom tower has decreased from 270 days to 7 days, with 89 per cent permissions coming in zero time.

He underlined a need to bridge the gap between the intent and the functioning, and said that as political lead...