Home breadcru News breadcru Association/Org breadcru Manufacturing sector set to contribute 25% of GDP

Manufacturing sector set to contribute 25% of GDP

20 Jun '06
3 min read

Citing statistics he stated that in 1991 India had 56000 knowledge workers, which have increased to 1.3 million in 2005 and are likely to increase to 2 million in 2008. India's commitment of 6 percent of its GDP to Education and 3.5 percent to Health Care demonstrates a clear policy of the government to invest in its social sectors thereby ensuring the resilience of India's economy on a long term basis.

He said that the Prime Minister's stated priority of economic engagement with India's neighbours on the East and West would ensure an effective regional and global integration of Indian Economy in the global economic order.

An inclusivist agenda and India's soft power in the form of its commitment to the Rule of Law, Democracy and Secularism defined the distinction of India amongst the emerging economy of the world, he added.

The High Powered strategic dialogue was attended by a galaxy of leaders on the American side including Mr. Joseph Nye, former Deputy Secretary of State, Strobe Talbot, President of the Brookings Institution, Sandy Berger former National Security Advisor, Carla Robbins, Deputy editor New York Times, Sylvia Mathews, President Bill and Melinda Gates Foundation and General Brent Scow croft.

Press Information Bureau Government of India

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