Economic growth in India and Brazil should be with social inclusion, said Mr. Roberto Mangabeira Unger, Minister for Strategic Planning, Brazil at a session on 'India and Brazil: organised by Confederation of Indian Industry (CII) here on Tuesday.
Brazil is constructing an alternative model of development towards a collaborative relationship with India said the Minister.
“These alternatives do not suppress opportunities for entrepreneurs but create new opportunities. Ideas about economic growth and social securities in India and Brazil presently exclude the majority of people”, he said.
Developing countries should be able to provide enlightened technocracy to the people, said Mr. Unger. Constitutional and electoral policies should be flexible and government should be able to provide a complete package of rights, he added.
Mr. Unger said that countries which have opened up to the market have grown most and have released the energy of workers, manufacturers and entrepreneurs.
He mentioned that developing countries like India and Brazil need a `productivist' strategy that would change the balance between the innovative, capital and skill-rich, “vanguard” segments of the economy, and its routine, low-skill, subordinate “rearguard” branches.
Mr. Jose Vivento De Sa Pimental, Ambassador of Brazil to India said that Indo – Brazil relations are set to grow exponentially in the next few years. Both the countries should focus on new ideas to improve trade relationships.
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