Kalam calls for effective policy alignments for rural areas

Image
Press Trust of India New Delhi
Last Updated : Feb 20 2015 | 11:30 PM IST
Former President APJ Abdul Kalam today called for "effective policy alignments" in favour of rural sector to create new markets and generate employment.
He said scientists should work in rural technologies to transform the rural sector, which can lead to growth and help boost the economy.
The 'Missile Man' said there needs to be necessary policy alignments to suit the condition so that the sector gets a boost.
"Small and medium size industries need more attention. We should enterprise so that they give higher level of contribution to the GDP in the economy.
"For this we need effective policy alignments to suit the condition. All the scientists and technologists should work in appropriate region, specifically the rural technologies, to transform Indian rural sector," Kalam said.
He was delivering a lecture on 'Evolution of a Nation with prosperity and value system'.
Kalam said that 70 per cent of people live in rural areas and it was essential to provide them adequate access to energy and quality water. "New markets could be created by rural potentials, which could lead to rise in the employment," he said.
"I foresee possibilities of creating new markets through rural potentials and employment, giving rise to interesting possibility of public private and international partnerships," the former President said.
Emphasising on energy independence, Kalam said the country must reduce its dependence on fossil fuel and look for new sources of energy, especially solar.
He also pointed that the trade deficits were undermining the growth of the economy and said a sizable chunk of the import was due to import of crude oil.
"We need to set up 100 per cent energy independence by 2020 and see that economy is not burdened by weight of our reality demands.
"India's trade deficit is because of excess of import over exports. 87 per cent of the import bill was due to import of crude oil. We need freedom from fossil fuel and undertake a mission in solar, nuclear and bio-fuel. We need to set up 100 per cent energy independence," Kalam said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 20 2015 | 11:30 PM IST

Next Story