[ad_1]
Finance Minister Nirmala Sitharaman on Saturday said the focus of the government is on four Is — infrastructure, investment, innovation and inclusiveness — to make India a developed nation by 2047.
She said India has necessary wherewithal to meet the goal set by Prime Minister Narendra Modi.
Besides several investor-friendly reforms undertaken by the government, she said, India has a very vibrant young population and the emphasis on skilling them to suit the requirement of the economy would yield dividend.
With infrastructure comes investment (second I), she said, adding that emphasis on investment will promote greater participation of both the public and private sector.
So, she said, infrastructure is not just going to be physical such as bridges, roads, ports or airports, but also creation of digital infrastructure is given importance.
“We are looking for both public investment and private investment and creating necessary environment, the ecosystem as we often refer to for attracting private investment. And the global discussions which are going on blended finance is also something which we’re looking at,” she said at an event organised by CII here.
On the fourth I, inclusiveness, she said, “as we aim to reach for the developed nation in 25 years by focussing on inclusiveness, making sure that every section of India, the common man, benefits by everything that we do (whether) investment or reforms are trying to take schemes to the people.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
[ad_2]
Source link