February 2, 2018 1:02 PM

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India Inc cheers Survey, calls for focus on human capital, agriculture

India Inc has pitched for focus on rapidly improving human capital and agricultural productivity to sustain the economic growth trajectory, while cheering the GDP growth projection of 7-7.5 per cent in 2018-19 laid out by the Economic Survey. CII Director General Chandrajit Banerjee said in New Delhi that the Survey provides new ideas for building a positive momentum for growth in the coming year and for faster growth thereafter. It delineates a long-term vision for powering the emergence of a New India which is both transformative and socially inclusive. Assocham President Sandeep Jajodia said while the Insolvency resolution mechanism has begun in the right earnest, a big vigil needs to be kept and the banks must be given additional capital at the earliest, observing that until the issue of NPA (non performing assets) is fixed, growth may elude us. PHD Chamber of Commerce President Anil Khaitan said the focus of the government in the medium term on employment, education and agriculture is encouraging and would foster a sustainable economic environment, going forward.

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