The Government says it is committed to building infrastructure which would support robust industrial growth and reduce costs. Addressing National Seminar on Industrial Productivity for Inclusive Growth in New Delhi today, Union Minister of Commerce and Industry Anand Sharma said that the investment in infrastructure has risen from 4.9 percent of GDP in 2002-03 to 6 per cent of GDP last year. The Minister said that the Government has followed an inclusive model of economic growth to ensure that the benefits of growth percolate down to the poorest of the poor. Mr. Sharma said that according to projections, India has a competitive advantage in skill intensive industry and if this trend could be capitalized, manufacturing exports could jump to 300 million dollars by 2015. In reply to a question, the minister said that the export sector is also reviving following the recession.
News On AIR | October 5, 2009 7:07 PM
Govt committed to build infrastructure: Anand Sharma