NITI Aayog on
Saturday emphasized that India needs to inch towards rapid growth for its
economic transformation and that States and UTs need to be partner with it for
fulfilling the desired objectives, says its CEO, Mr. Amitabh Kant
In order to
grow at the rapid rate of growth, the States and UTs should have a growth rate
of 12 per cent per annum, only then the intended growth level will be realized,
he added.
In his Key
Note Session at Chief Secretaries’ Conclave, organized by PHD Chamber of
Commerce and Industry here today, the CEO also said that the NITI Aayog would
support all those States that strive for higher growth rate with pro-active
policies so that industry is activated to committing investments in them as
growth and investments are key to economic transformation as well as job
creation.
“A minimum of
12 States of Indian union will have to grow at 12 per cent rate to avail of
NITI Aayog’s handholding and support.
With this approach, India would move on an overall growth rate of 9-10
per cent and even beyond”, said Mr. Kant.
He lamented
that education and other such activities that should have been reformed
objectively in the last 68 years, could have led to betterment of Indian
economy as a whole, however, with new focus on such activities, India might
regain a new strength to recover to attain the desired objective.
Mr. Kant also
made a prognosis that with jump in reformative spirits in the list of ease of
doing business, a minimum of two per cent growth rate could be added to
existing rate of growth and that is why there is clamor within all states and
UTs for increasing ease of doing business, India would be attractive hub for
economic activities through a spirit of partnership between domestic and global
industries.
Among others
who participated in the Conclave consisted of Chief Secretaries of Chhattisgarh and NCT of Delhi Mr. Vivek Kumar
Dhand and Mr. K K Sharma with other representatives from States such as Punjab,
Madhya Pradesh, UP, Himachal Pradesh and Andhra Pradesh including President of
the PHD Chamber its Sr. Vice President, Vice President, former President and
Secretary General Dr. Mahesh Gupta, Mr. Gopal Jiwarajka, Mr. Anil Khaitan, Dr.
Raghupati Singhania and Mr. Saurabh Sanyal.
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