Kolkata, September 22:President Pratibha Patil Wednesday said the Indian economy is showing promise of a double-digit growth and called for concerted efforts on the part of all stakeholders to make it sustainable and inclusive.
“As the impact of the meltdown is wearing off, our economy is showing a healthy 8.5 percent rate, with the promise of a double digit growth,” Patil said after inaugurating the 37th National Management Convention organised by the All India Management Association here.
The president said the rate, speed and the sustainability of the growth will depend on the nation’s ability to overcome challenges, avail of opportunities and ensure that the growth flight has a “payload capacity that can carry all onboard”.
She said: “India’s objectives are clear. It is to work for development that is sustainable; build the capacity and skills of our people; create a fair opportunity for every Indian to accomplish one’s full potential; and push forward the frontiers of knowledge for innovations and creativity.”
She emphasised that all stakeholders would need to put in concerted efforts.
“In many ways, it is ultimately up to us – as a government, as managers of the public sector, as executives of the private sector, as members of educational institutions and as individuals – to shape the changing environment around us towards a truly sustainable and inclusive nation.”
She said more work needs to be done for employment generation, quality education and healthcare, bridging the rural-urban divide, financial inclusion for every Indian.
–Agencies