Save 038; Invest wisely: FM

Amid growing concerns of a possible impact of the US slowdown on the Indian economy, finance minister P Chidambaram has said that through fiscal prudence, high domestic savings and investment, the country can aim to grow at over 9 per cent. 8220;We have to do right things and avoid doing the wrong things8230; Continue fiscal prudence. Two: Ensure that people save and invest and there is an enabling environment for investors, both domestic and foreign,8221; Chidambaram said. He also said that the country would have to ensure that 8220;these investments are made widely, managed wisely, so that they give a return, he told BBC World Service.