Speaking at the CII National Conference and Annual Session 2010 on ‘Implementing Inclusive Growth and Development’, Finance Minister, Mr Pranab Mukherjee said that he expected India to better IMF’s projected GDP growth rate of 8.4 per cent in 2010-11.

As per Mukherjee, the governance and implementation remained the key determinants of ensuring inclusive growth and UIDAI is a step forward in that direction. Mr Venu Srinivasan, CII President and President-Designate Hari Bhartia assured the minister of working for inclusive growth and enhancing employability skills of the Indian youth through vocational training.

At another occasion, Mr Anand Sharma, Union Minister of Commerce and Industry expressed his confidence in India’s future export and investment opportunities and said that they will be found in new geographies in Asean countries, Latin America, and Africa, where a new middle-class similar to India’s own is rising. Furthermore, he recommended industry to grasp opportunities in these new markets as the government facilitated the process through FTAs and other economic diplomacy initiatives.

The new National Manufacturing and Investment Zone (NMIZ) policy which is under consideration would provide a package of incentives and policy reforms and herald the growth of India’s growing manufacturing sector.
Source: IBEF

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