India's growth is very stable & sustainable, says World Bank’s country director Junaid Ahmad

"India is on a stable growth path at a sustainable 7 to 7.5 percent GDP growth. However, recent recalibrations indicate India needs to rework and invest in its statistical capabilities." -- That’s the word from World Bank’s country director Junaid Kamal Ahmad. Speaking to CNBC-TV18's Archana Shukla on the sidelines of the launch of Women's Livelihood Bonds by World Bank, UN Women and Small Industries Development Bank of India, this Rs 300 crore social impact bond will lend to individual rural women entrepreneurs at attractive interest rates and Ahmad says it will boost job creation.