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Economists should think on preventing suicides: Fin Min

Seeking noted Economists to focus on ending  unabated suicides by farmers across the nation, Finance Minister E Rajender today stressed the need for translating the human resources into potential capital for creating wealth and also sought decentralization of power from the Centre to the states and rural level with adequate funding for projects and programs.

When India is bequeathed with several noted economists, agriculture scientists and intellectuals and policy planners then why there are unending suicides across the nation coupled with daunting problems of poverty, hunger, illiteracy and shelter’, he asked. ‘Together we can address these perennial issues and the conference has to come out with such recommendations’ he said while addressing on the last day of three-day 98th Indian Economic Association Conference,  in association with CESS at Prof Jayashankar Agriculture University here.


A new scheme in employment sectors will be introduced soon besides implementing KG to PG intensive education program next year, he said adding that Telangana will achieve tremendous growth by 2019. Rajender said that rapid growth and sustainable development is possible in every sector only when Agriculture sector is flourished to benefit the farmers. The TRS Government sought the Centre to take steps for providing remunerative prices for the farm produce in the state. Despite growth in IT and Pharma in the state,  there is ample space of development in agriculture, he noted.

‘To meet our long term objectives, the TRS Government is trying to implement several flagship programs, irrigation projects and welfare schemes. Our intention is clear that Telangana surpasses other states in various sectors at national level in short time. The TRS Government succeeded in its goal by tiding over power crisis in just 18 months’, he said. Rajender also noted that introduction of hassle free industrial policy is proving handy and fetching many new businesses and industries to the state to increase productivity and offer jobs and create employment opportunities. ‘We are investing  Rs 36000 crore for welfare and pensions, he added. (NSS)