Sign In / Register
Make This My Home Page | Feedback |RSS
You are here: IE »   Story

India can’t match China’s pace, has different model, says Sibal

  • Print
  • Mail This Article
  • Comments
  • Add to favorites
  • India cannot build infrastructure and generate economic growth at the pace of state-led China as it has a different model of growth where the emphasis is on people-oriented policies, Minister for Science and Technology and Earth Sciences Kapil Sibal said here today.

    On the sidelines of the WEF, Sibal added that growth has to be equity based. We cannot have the urban population flourishing and the rural people remaining untouched by the growth. Our land is more arable vis-a-vis China's and thus we should give more impetus to growth in the agriculture sector, which will in turn empower the rural population to participate in the overall growth of the economy.

    He stressed the need to strengthen the manufacturing sector as well by making it more innovative and adopting simpler technologies. "I feel that manufacturing sector will be one of the largest growth areas since it will generate employment thus leading to equity based growth and it will also attract investment."

    Ads by Google

    "There is a different model of growth in our country. In a society, which is somewhat different, you can get a lot of people to move out without access to courts of law, without stay orders from courts, get the system going," Sibal said.

    Comments
    Post comment

    Be the first to comment.

    Post a Comment
    Name:
    Email:
    Title:
    Maximum characters allowed     
    Comment:
    TERMS OF USE:
    The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
    I agree to the terms of use.