New Delhi: Visualising a 7.5 per cent economic growth in the next decade, Prime Minister Manmohan Singh today (Nov 19, 2004) said India needed a second Green Revolution and that he would like to see world-class infrastructure by the end of his term in office.

Speaking at the Ninth Indira Gandhi Conference, he said compared to a near zero rate of growth of national income per year in the period 1900-1950, the Indian economy registered a 3.5 per cent rate of growth between 1950 and 1980 and over 5.5 per cent growth per annum between 1980 and now.

"Given this track record, I do not see why the next decade cannot record 7.5 per cent growth if we manage our resources well. This is do-able," Singh said.

To attain higher GDP (Gross Domestic Product) growth, Singh stressed on pushing up agriculture growth that has been lagging so far.

"India needs a Second Green Revolution aimed at increasing the returns to investment and the productivity of both land and labour in agriculture. India's villages must thrive. The farm economy must become robust and competitive. This is a national priority for us," he said.

Strongly advocating a renewed bout of economic dynamism, he said there were many more across the world who also wanted India to succeed, to prosper.

Singh emphasized on the need for improving the infrastructure of the country.

"By the end of my term in office, I would like to see world class power generation, world class highways, world class ports and airports and world class banking and communications infrastructure," he said.