We are growing at over 7% and you cannot accelerate growth with many Indians in the BPL category, Kant
The Dollar Business Bureau India needs to accelerate its economic growth, and in order to materialise it, the country must lift vast number of people out of poverty, Niti Aayog CEO Amitabh Kant said on Wednesday. "We are growing at over 7 per cent. We need to accelerate growth...The real challenge is that you cannot accelerate growth rate if vast number of people are living below poverty line," he said when speaking at the Tata Trusts, Tech 4 Transformation conference. Laying importance on the power of innovation and harnessing the power of technology, he said, ‘India has become integral part of the global supply chain and to maintain the rapid acceleration of growth, we must focus on social sectors like education and healthcare.’ He ...
GE keen to strengthen partnership with India
Source: PTI GE on Friday said it is keen to further strengthen its partnership with India and has doubled its investment in the country over the last five years. General Electric (GE) Chairman and CEO Jeff Immelt will visit India later this month, the company said in a statement. "Over the last five years, GE has doubled its investment in India and delivered approximately $3 billion in economic value. The investments have ranged from supplier development programmes to new, large infrastructure projects and manufacturing facilities," it said. "India is a growth engine for Asia, and we see huge potential for the country in the manufacturing space," Immelt said in the statement. Infrastructure is a key driver for India's growth and GE ...
