Development in developing nations will accelerate global

Union Railway Minister Suresh Prabhu today said the development of any developing nations will accelerate global economy and there were two imperatives to be incorporated with investment, infrastructure and intellectual capital for sustainable economic development.
One is the Natural Capital of the Economy and second the Human Capital, Prabhu said and opined that industrialisation should not deplete the natural resources of a nation.
Similarly the development of human capital would enhance intellectual capital and importance should be given to Education, Prabhu said, while inaugurating the sevent International Conference on Development Policy Leveraging Investment, Infrastructure Capital for Economic developent, held at Avinashilinga University for women here, through videoconferencing.

The 2-day conference was organised by the University in collaboration with The Institute of Finance Management, Tanzania and and The Madras Chamber of Commerce and Industry.
Tadeo A Satta, Rector of the Institute of Finance Management (IFM), Tanzania spoke about economic policies, reforms and development happening in Tanzania and related the close observation of economic reforms of India to that of Tanzania.