India has a lot of potential and can grow at 8 per cent if it gets the right policies and strategies in place, eminent economist Lord Meghnad Desai said recently. “Growth of Indian economy will continue. I think a growth rate of 7-7.5 per cent is a default rate, but the real challenge is to get 9-10 per cent, which India is capable of but requires hard work. With right policies, it can easily grow at 8 per cent,” the Indian-origin British politician told PTI. The Finance Ministry last week said the economy would grow in the vicinity of 7.5 per cent this fiscal, down from the earlier projection of over 8 per cent. In the first half of 2015-16, it expanded at 7.2 per cent. Read: